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: Hardline who wrote (11639)	12/17/1998 1:25:00 PM
From: james ball	Read Replies (2) of 34808

No Hardline it is not necessarily better. What might make it better is the duration the stock continues to bump up against resistance before it breaks out. The faster a pattern forms the better it is so this accelerated market we find ourselves in is even better for the P&F chart. I would not call the Quad. top much different from the Triple top. There are many more considerations that must be evaluated before any breakout is taken. Like field position, sector field position. fundamental condition of the stock, relative strength etc. Then the management of position must be determined. What to do when things go right and what to do if things go wrong. The plan them must be adhered to. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next