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Strategies & Market Trends : Point and Figure Charting

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To: Don Pueblo who wrote (18519)4/19/1999 10:28:00 PM
From: Casaubon  Read Replies (2) of 34811
 
I am new to P$F charting and like it, because it helps me recognize patterns and characterize them. Having said that, I was wondering if one of the more experienced P$F analysts could help me with a stock analysis. I am sitting right on a lower bearish resistance line with VRTX. I'm not all that concerned with analysis on upward price projection. I am really curious about how one might differentiate a possible shakeout from a real negative reversal to avoid getting stopped out. I suspect the answer is that it can't be done, just asking.
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