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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: starbreak who wrote (27443)	12/22/2000 9:50:56 AM
From: Kelvin Taylor	Read Replies (3) \| Respond to of 53068

Want to take these opportunity to wish all my friends here a Merry Christmas and a prosperous New Year in 2001! It as been a tough year and my belief is we will see better times in the coming year. Kelvin

To: starbreak who wrote (27443)	12/22/2000 11:23:24 AM
From: chartseer	Read Replies (1) \| Respond to of 53068

VRSN: I am probably the wrong person to ask about short term trades. PnF is usually thought of as a guide of supply and demand. There isn't any time on PnF charts. xocharts.com There is however a PnF theory based on work of Blumenthal and Cohen which states that if a chart reverses up three boxes after 18 or more boxes straight down there is a good CHANCE for at least a 1/3 bounce. This usually works out more times than not. It is called a long tail reversal. then again what the heck do I know? chartseer