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

To: Atin who wrote (25642)2/1/2002 10:23:37 PM
From: Gottfried  Respond to of 34811
 
Atin, re >Another thing for someone to test ;-)< So now you're handing out homework, LOL :)

I agree price objectives can be misleading, often fail, produce false hope in the uninitiated [me included], might lead to lessened vigilance and open a bag of worms when they come from an authoritative source. You might consider a link to a description how to do your own, but that would just appeal to those who haven't studied their text, leading to misuse, law suits and general unpleasantness.<G>

Forget POs and enjoy the weekend.

Gottfried



To: Atin who wrote (25642)2/4/2002 10:34:12 AM
From: Daveyk  Read Replies (1) | Respond to of 34811
 
Atin,

Sorry for opening this can of worms.I have no problem calculating PO's.I use them in a loose sense knowing full well their usefulness is limited.There's alot more to their usefulness depending which pattern they emerge from.Each individual has to take into account the general market trend etc etc.when assessing their odds.Anyways I hope you know we appreciate your work.

Best,Dave


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