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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (9196)	10/30/1998 2:28:00 PM
From: sanke	Read Replies (1) of 34811

as a newbie to this thread whose new buys based on p&f are doing better than anything i bought based on bollinger bands, macd or tarot cards, i have a question... how do i interpret charts of strong stocks at or near their tops? assuming the stock is on a rs buy signal, in x's, reaching new ever-higher highs, if i wait for a pullback, i may never get in. if i buy at the top, i may overpay, if that pullback finally does arrive. on a related note, thanks to the posters who pointed me towards rmbs. more fun--and as much caffeine--as jolt cola.

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