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

To: epicure who wrote (23868)	9/28/1999 2:02:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 34809

X, I don't think there was a PnF reason for the CPQ rec. Re: >>I have the book- and could make my own guess- but I kinda prefer a guess from someone who knows what they are doing.<< You will know what you're doing with practice. Please don't depend on others, no matter how experienced they are. Regards Gottfried

To: epicure who wrote (23868)	9/28/1999 2:10:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34809

Hi X...CPQ gave a DTB at 28 then pulled right back to 22 and has since gone back into X's up to 25...it will take a 29 to give another DTB signal or 21 for a DBS signal... There appears to be a possible secondary Bearish resistance line at about the 28-29 area however.... In addition, the pattern could turn into a triangle given 2 more columns not exceeding either of the previous ones... Time will tell, but with ALL indicators negative and moving further down daily, I'd be inclined to let the pattern develope more if considering entering this one... JMHO Preston

To: epicure who wrote (23868)	9/28/1999 2:23:00 PM
From: OX	Respond to of 34809

X (or anyone wanting to learn PnF), <<could make my own guess- but I kinda prefer a guess from someone who knows what they are doing>> if you are interested in learning PnF, I would suggest making a PnF read of your own in addition to asking others here more experienced for their views. I'm no expert and would welcome anyone elses view of my own reads. That's how I learn. I doubt anyone here would say anything negative if you overlook something or other in one of your reads. So nothing but upside. Besides, at some point, everyone was a newbie. regards.