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

To: Smooth Drive who wrote (25101)	1/13/2001 10:14:46 AM
From: Atin	Read Replies (2) \| Respond to of 34822

New version of QPnf (2.44) available at xocharts.com This version allows 1 box reversals where a reversal may stay in the same column if possible (Wyckoff's method I think, also mentioned in John Murphy's book). This is good for intraday charts because it compresses 1 box reversal charts. The method is supposedly what is used intraday by a lot of point and figure folks and I thought I should have it too. -Atin

To: Smooth Drive who wrote (25101)	1/14/2001 8:02:22 AM
From: Bwe	Respond to of 34822

Hi Eric, It was great to hear from you. Last year was a tough year for me in the markets. I was down 19% and it was very painful for my long term oriented style of investing. A Bear market takes no prisoners and for me and most of my group of stocks, it was a bear market. I like the action in NVLS and a recent RS Buy signal vs the S&P is bullish. The BRRL has also been broken. AMAT is the proxy for that group, however, and that stock still has some work to do on it's p&f chart. I think money will be make in these stocks in 2001. I also like the financials, GS and C to name a couple. I hope all is well with you Big E. I always enjoy hearing from you. I know your investing style has focused on the shorter term as of late. Do you use RS at all in your trading? Warm regards, Bruce

To: Smooth Drive who wrote (25101)	1/17/2001 11:16:48 AM
From: James Strauss	Read Replies (1) \| Respond to of 34822

New Lows On Nasdaq Say The Selling Is Over... ********************************************************* Eric: We seem to be on track to steadily rising prices with less downside volatility on the Nasdaq... finance.yahoo.com These minimal New Lows when contrasted with the New Highs say the Bulls are on offense... The Point & Figure chart shows a Bearish Resistance Line in the 2900 area... That's about 5.5% above current levels... stockcharts.com The short term trendline is at 2750... We could see a little resistance in the 2750 to 2900 area... A break of the 2900 area sets up a triple top test in the 3000 area... Jim