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


To: PuddleGlum who wrote (25411)7/5/2001 12:13:06 AM
From: chartseer  Read Replies (1) | Respond to of 34811
 
Hi PuddleGlum;

Remember the news is present and the chart is supposedly reflecting 6 to 9 months from now. If higher oil prices brought down profit margins at DD doesn't it stand to reason that lower oil prices will mean higher profit margins for DD. Who should see demand increasing first if not the raw material suppliers. Ever try building anything without raw materials. Supposedly GE saw the downturn coming with slowing demands for their plastics does that not mean they will see the increase first with an increase in demand for their plastics. What if anything does the DD Pnf chart reflect other than little Os and Xs? It definitely does not reflect the present news release. I believe that was reflected back in February's or January's Os.

then again what the heck do I know?
I'm still just learning to play this game.

chartseer