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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (7057)9/13/1998 11:07:00 AM
From: tech fool  Read Replies (1) of 34811
 
Tom,

On 9/4 you reported a buy signal in the oil sector and last week the osx and xng (natural gas) showed a nice recovery. I've been waiting for xng to bottom because it appears to have an awesome upside potential.

Do you think its worth chasing these indexes after their 20% gains last week, or do you expect them to retrace and provide a more comfortable entry point? Unfortunately, I can't do both. Thanks in advance ...
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