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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (19375)	4/30/1999 1:45:00 PM
From: HG	Read Replies (1) of 34811

Jannie (or Tammy), I got THE BOOK yesterday! Read the first chapter and here's my question on NTBK... Today's lows were higher than yesterdays by >three points, isn't that a buy signal ? Or is that calculated at the end of the day only ? In that case, wouldn't you say that people who sold early today, based on yesterday's signal, missed out or will miss out on the rally or even that they got less than the optimum price for their holdings ? Or is PnF more appropriate for longer term hold ? Sorry if it is a stupid question - I'm on Chapter 2 - remember ?

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