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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: J.B.C. who wrote (38033)7/16/2002 5:57:25 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 52237
 
I have watched PnF for a few years....all I can say it is slow...it probably works most of the time....I'm not a real piffer. Nobody said PnF was the holy grail? You don't need PnF to see support/resistance



To: J.B.C. who wrote (38033)7/16/2002 5:57:45 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 52237
 
J,
If using the P&F charts strictly by the "book", that is all true, but gold has a habit of giving sell signals before having a big rally. I believe that it is wise to be flexible in the interpretation of P&F charts.

The 2pt chart gives a decent example of what I am talking about. And note that the POG is still above the BSL.
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