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Strategies & Market Trends : Point & Figure - Beginners (Real Green)

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To: wizzards wine who wrote (15)12/27/1998 3:15:00 PM
From: leslie jo  Read Replies (1) of 322
 
Thanks, Preston, for your response. What I learned was:

(1) RS in O's reversing into X's is a good thing...
(2) Bullish/bearish triangles don't necessarily have to be completely symmetrical...

I have a final question on where to establish BullishSL and BullishRL if Checkfree does break through resistance at 21 to 22. My guess would be above the X at 22 for the BullishRL and beneath the O at 16.5 for the BullishSL...or would the BullishSL be established beneath the O at 11?

Thanks again, Preston, or anyone else for their response(s)...

LJ
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