Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wizzards wine who wrote (6267)	8/24/1998 7:09:00 PM
From: chartseer	Read Replies (1) of 34811

Just a few more thoughts so you can understand my thinking. I usually keep a BSL and a BRL on every chart. It is my thinking that a stock is more likely to stay between those two lines unless there is really a strong trend in one direction or the other. Maybe my 27 years of employment on the floor of the NYSE and my understanding of the specialist system and his book affects my thinking. I also chart DIA. Check the chart on DIA and tell me would the DIA chart have any affect on the way you would expect IBM to move? Just trying to lower the odds and increase the edge in option trading. My charts may not be exactly the same as DWA since on the DOW charts I chart I do not compare them with DWA charts. Not all my trades are winning trades. Chartseer

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next