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Strategies & Market Trends : Point and Figure Charting

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To: Smooth Drive who wrote (12214)1/3/1999 12:28:00 PM
From: Al Serrao  Read Replies (1) of 34822
 
Eric, I'm still learning and finding P&F the best out there. There is one important formation that few focus on and thats base formations and breaking out of a base that maybe building for weeks, months, etc. Have you looked at this in you work or studies? Have you found any that have merit? I find it difficult because many of the charts are for short periods and don't often show a base. So we may end having a great trade on a TTB but miss the bigger move that breakout brings. Just courious if you or our other friends use this method of finding great stocks?
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