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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (14104)2/17/1999 12:08:00 PM
From: X Y Zebra  Read Replies (1) of 34808
 
If we are stopped out the trade is over.

How many people really understand 'A' is 'A' ?

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

The world wired...? Yes, it is amazing... but more importantly is to find out if people's 'understanding' of things are on a 'par' to the technology that was needed, to do the above.... in other words, are people really 'wired' at the same level ?

The old story that 20 % of the people execute 80 % of the results.

I am reading this thread, and your book Tom, and I am taking my time... but I am learning.

Why ?

Because this system is like a language, I need the time to get used to the new terms and the lack of consideration for volume and to a certain extent of time... look at charts in a different 'dimension'

Just like a new language, to become pro-efficient in that language you need to think in that language... it does not do you any good if you translate it first and then attempt to speak it.

I need to think and speak in x & o. It takes time... at least it does for me.

....Either that, or I am really a slow learner... either way, playing with x & o with pencils and chart paper, seems fun. <g>

Thank you for the knowledge.

____________________________

"As we gain knowledge, we do not become more certain, we become certain of more."

~ Ayn Rand
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