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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (5748)8/12/1998 11:46:00 AM
From: HighTech  Read Replies (2) of 34811
 
The rally we had few weeks ago that lasted for quite of few days: It seems to me that at least 6% of stocks would have given buy signals during that time period off the lows around June 12. Am I correct? Assuming that I am correct, what prevented the P&F's from getting back in during this rally from around June 12 to around July 17? Was it because you still had a lot of sell signals and you have to have no additional sell signals or some other reason?

HiTech
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