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Strategies & Market Trends : Point and Figure Charting
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To: Diana who wrote (16731)4/5/1999 12:09:00 PM
From: Ms. X  Read Replies (1) of 34812
 
I am!

That's how I got to be Princess :-)

You will always have something to learn.
So, next time you own a stock that butts up to a price twice or three times then reverses down to give a sell signal, don't panic say "Hmmmm you sneaky little thing, that's a shakeout isn't it....?" Or you can come up with your own words, you don't have to use mine.
In such cases having that close a stop would be cause for the 2x4 treatment and that owies. I avoid it as much as possible.
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