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Strategies & Market Trends : Point and Figure Charting

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To: papi riqui who wrote (14102)2/17/1999 11:32:00 AM
From: james ball  Read Replies (1) of 34809
 
Papi, what can you say. These guys on YHOO would probably not understand if you explained it to them. As you know the P&F takes some time to understand and most investors aren't interested in that. They think we are in some sort of conspiracy but that is ridiculous. It doesn't matter to us on a short if it is stock 102, or 456, or MSFT. We sell short and establish a stop point. We lowered our stop this morning to $66 on CPWR and $85 on the CTXS. It's that simple. If we are stopped out the trade is over. If not and the stock creates another buy signal lower we will lower the stop. It is amazing however how wired the world is now. Tom Dorsey
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