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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
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To: Compadre who wrote (660)5/13/1999 8:59:00 AM
From: chartseer  Read Replies (1) of 2103
 
According to the Point and Figure followers a Bull Confirmed at 70% is not the same as a Bull Confirmed at 30%. While a Bull Confirmed at 30% should be bought out right they recommend only playing the Bull Confirmed at 70% with hedges. In essence even though the Bull Confirmed is a buy signal since we are at 70% in over bought territory, we have two conflicting signals, caution should be used. Nothing is written in stone.

then again what the heck do I know?

chartseer
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