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Strategies & Market Trends : Point and Figure Charting
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To: Don Pueblo who wrote (17392)4/11/1999 11:27:00 AM
From: mike.com  Read Replies (5) of 34804
 
Apology accepted. But I have one very serious question - has Point and Figure charting been able to call ANY of the serious rises of the internet stocks. Did anyone here buy CMGI at 8 or EBAY at 8 or AMZN at 8? I think I know the answer to that question. My point being that, in this "new paradigm," some stocks defy logic, fundamental analysis and technical patterns. We're all here to learn and make money TLC and I am willing to accept new ways to do that, including coming to an understanding of P & F charting. But sometimes you have to throw caution to the wind and come to terms with a stock based on nothing but your own intuition that it is going to be THE NEXT BIG THING. I won't mention what stock I am thinking about but do some research behind it if you are interested in learning more yourself. I really think you will like what you find. Best of luck and thanks for a more civil attitude.
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