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Strategies & Market Trends : Point and Figure Charting
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To: Dennis J. who wrote (5787)8/12/1998 11:16:00 PM
From: Jorj X Mckie  Read Replies (1) of 34811
 
Hi Dennis,
Since I got into RMBS based on exactly what you are saying, I agree.

First there was the Samsung news, then on Tuesday morning it pulled down to the BSL and then started going up despite the general market crabbiness. I just kept track of the Os in my head and when it bounced of the BSL I bought calls.

I think that Ben A. has a way to make P&F work for quick entry/day trading, but he would have to verify.
Tom
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