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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (4464)7/6/1998 6:00:00 PM
From: Mr. BSL  Read Replies (1) of 34824
 
Preston, I use Zachs through Yahoo. For example, AOL is in the top 25% (21 of 106) in the Zachs computer service group.

quote.yahoo.com

I use the local rag or Barrons to find out which stocks fell at least 25% the previous week. Then they are separated into two groups. High FA and low FA. Next, check for P&F sell signals before the crash.
For stocks above their BSL, a P&F signal is touching the BSL and going lower than a previous column of O's. For stocks below their BRL, the previous simple P&F sell signal will do.

Next find out which stocks got out before the crash. Most cases, high FA get out, low FA don't.

Got to go. I'll write you back tonight.

duke60
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