LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: chartseer who wrote (7621)	2/1/1999 2:20:00 PM
From: LastShadow	Read Replies (3) of 43080

"But a PnF chart down over 20 boxes that reverses up three boxes is an Earl Blumenthal buy signal." I don't consider myself a slouch in terms of either mathematical acumen or general cognition, but someday I am going to get a couple P&F gurus and sit them in a room or bar or something and educate me until I understand what they are doing with all those tic tac toe plots. It must be just me, 'cause no matter how many times I pull up a P&F chart and look at it, I can't correlate the dates against market movements or sectors or anything. Its probably my lexia, and I want all the P&Fers to know that consider what they do arcane and honorable. Just don't start hanging out with the Elliot wave gang, because I do understand the modified fibonacci retracement theory they use...even if they don't. lastshadow

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