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

To: Smooth Drive who wrote (25498)	7/25/2001 8:51:12 AM
From: Hardline	Respond to of 34811

Eric I have signed up for Clay Allen's trial service? I got the CD but have not loaded it. His theory is interesting but I would like to see more data to support his approach. Most of the examples he showed were during periods of high volatility. I would like to see how it would work in more normal markets. I would think he would miss a lot of a move for a stock if he waited for a stock to cross its BRRL based on RS. I did like that he drew support lines based on the stock and not just based on the standard 45 degree angle. But I do not really understand how he determined his secondary support channels. BTW, the stock he recommended yesterday is JWN. Hardline