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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (7303)9/15/1998 3:18:00 PM
From: PuddleGlum  Read Replies (2) of 34810
 
Jan-
I think that what's keeping people quiet is that there is so much going on at once. I chart hundreds of stocks using Personal Hotline for Macintosh, and I'm just salivating over all the opportunities I see. Take a look at ASDV for starters. I interviewed with them a few years ago before they went public. That could have been a real change in lifestyle if I'd gotten the job.

P&F charting, integrated with the NYSEBP and sector analysis, is and invaluable tool. What it lacks, though, is a time factor, which I don't think is a big deal and may even be a good thing, and a direct dependence on volume. I believe that volume is important so I incorporate some volume studies into my p&f picks and it looks promising so far.

pg
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