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Strategies & Market Trends : Point and Figure Charting

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To: Smooth Drive who wrote (14761)	2/27/1999 10:34:00 PM
From: quote 007	Read Replies (1) of 34811

eric, these poles drive me crazy---isn't the sox chart currently on a high pole warning? and if it is it could immediately switch to a low pole warning--if that it fact happens,in your experience would that toally change it to being more bullish???? on that same sox chart--it had a low pole warning in feb.when it reversed up more than 50% from 375---and in fact it had 2 low pole warnings from 375--both in feb--just for my own understanding--how much faith do you place on poles---and do you think the status of the nysebp influences the reliability of the poles--i.e--when it is bearish like it is now--high pole warnings are more reliable?? thanks stuart

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