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


To: Tommy Dorsey who wrote (21951)6/27/1999 3:31:00 PM
From: faqsnlojiks   Read Replies (1) | Respond to of 34812
 
Thanks for your response to Dana.

Actually, the hard part for me is "guessing" the timeframe a stock is going to move in a particular direction. When does momentum turn into a trend?? When does a reversal turn into momentum? I'm not up on this yet. As far as calculating time for me, when I made a pick, I would look at when the earnings were going to be reported (hopefully early in the contest), and be interested is a split was set (hopefully near the end of the contest). These are 2 of the "other" factors that I think need to be taken into account. Time is definitely a "wild card" when it comes to these types of contests (IMO).

Thanks again,
-Joe



To: Tommy Dorsey who wrote (21951)6/27/1999 4:04:00 PM
From: Dana Johnson  Read Replies (1) | Respond to of 34812
 
I appreciate the dilemma. I have been thinking mostly in the <1 week timeframe, trying to follow what the charts say and reading the current column. Don't get me wrong, this is going to be fun. Even if I don't do well, I'll learn. But the contest does add new dimensions such as estimating the rate of pattern development and projecting market sentiment at labor day weekend. I was wondering if sometime the contest should run over the time the BPNYSE stays in a column?

dana