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

To: Rich1 who wrote (4990)	3/6/2001 9:50:02 PM
From: HG	Read Replies (1) \| Respond to of 15481

I thought PnF gave very vague, contradictory signals in 2000 ? Remember when I was the only one on this thread who had gone to cash in early Jan of 2000 and everyone was telling me PnF wasn't indicating a dip ? And then next day, or the day after, a 'huge correction' came....? I think Princess was foxed too ! Ah well, astrology and tea leaves work for me <vbg>

To: Rich1 who wrote (4990)	3/6/2001 10:50:34 PM
From: John Pitera	Respond to of 15481

Well what I liked best it is a system.... that's an excellent and true statement. I'm sure we can look at many P&F charts from the past 12 months and they have given pretty clear shorting signals. emdless pit traders have P&F charts that they keep, and have been using them for years. I wish I'd only stayed with things like Natural Gas stocks, and value plays like WMI, CD, FAX etc the past 4 months. retailers have been a saving grace as well. Heck I bought NEM 4 months ago and it's within a buck of where I bought it, I'm happy to be in stocks that are worth what they were 4 or 6 or 8 months ago...talk about capital preservation -ng-