SI
SI
discoversearch

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.
Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (4979)3/6/2001 4:20:33 PM
From: John Pitera  Read Replies (1) | Respond to of 15481
 
P&F works very well in trending markets, and probably not as good in trading range markets.

But then many will tell us to stay out of trading range situations. So patterns that create tops and bottoms
as well as consolidations occur only because they take time with not that much price change. These are
obscured by P&F, but you can still make lots of money with P&F and it's also easier to implement the buy and
sell rules, from what I have seen.