Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Doppler who wrote (5059)	1/19/2000 8:21:00 PM
From: Ms. X	Read Replies (3) \| Respond to of 9427

Hi J, PnF can be used for both trading or long term investing. There are traders that "Piff" on the floor of the exchange by hand but most are longer term investors. We do have some traders in our group that use exclusively PnF to enter and exit a trade. Trade being something that lasts one day to several months. In general, PnF increases the chance for success in what ever kind of investing you do by a great percentage. That percentage varies from person to person but you get the idea. We always encourage you to use fundamentals. Fundamentals, FA, tells you what to buy and technicals, TA, tell you when. Box size would change if you are a day trader but for the trades I described above the regular box sizes work fine. DWA does have many box sizes available per chart and, as an example, for the internet stocks we use the higher box sizes for the longer term picture. PnF not only works in all markets it calls the markets. There is none better out there for determining market risk. It measures market, sector, indices, commodities, stocks and the ant population increase in Tanzania if you wanted. The prime factor is to take the emotion out of investing. The worst thing to an investor is himself because of nervousness and lack of confidence. PnF can give you confidence and it is static, no emotion... I like to say "is it is or is it ain't - that's all there is". The market hasn't been strong, the Dow and Nasdaq have been strong. Big difference. The market risk is at a low level and a good time for investing. There are investors and money managers out there that have lost money over the year as the majority of stocks were down, but they probably weren't Piffers. First thing is not to be fooled by the Dow and Nasdaq. Rule one that you learn in PnF. It is the biggest deception out there. Many here can tell you about this. We are less rampant because the methodology is so cut and dry. There are no emotions here other than a very close family like feeling. That is because those that have learned here on the thread become teachers themselves and everyone is more than willing to help anyone wanting to learn. We follow our indicators and stick to them. If the market risk is high we mitigate that risk appropriately in our portfolio's and aren't caught in any major correction or crash. When the market risk is low we enter those sectors looking prime for advancement and those stocks breaking out. We research, we discuss and we have Tom Dorsey here giving us his time, knowledge and thoughts. Can't have much better. If you want to learn PnF I suggest strongly you get his book "Point and Figure Charting". Hang out here and ask some questions. Sign up for the site so you can access the charts and all the other info - the price of 25.00 is very reasonable. Let me know if there is anything else, Jan