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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Dana Johnson who wrote (21948)6/27/1999 3:24:00 PM
From: Tommy Dorsey  Read Replies (2) | Respond to of 34812
 
Dana you have to have some sort of time frame. I told Jay I also want to revisit each contest 6 months out for additional winners on the long term. This should satisfy eveyrone. WE could have one that lasted 5 years as some investors say their timeframe is that length but it would serve no purpose. The purpose of technical analysis is to find something that you think is ready to move now, even though your holding period might be years. No one would buy any stock they didn't think was a timely investment event those that only use fundamentals. What the long and short contest will do is help you focus on the short side and help you understand that side of the market. Don't worry we'll be revisiting these on the long term for other winners and for winning points for a larger prize on consistency. Tom