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

To: HighTech who wrote (38039)	7/16/2002 6:08:44 PM
From: Jeff Jordan	Read Replies (1) \| Respond to of 52237

I can't...I had a different mind set....I know that....but if you go back you may noticed my dogs were crapping more in the backyard. what are you saying now....we have turned from the bottom and a new bull market began Friday?

To: HighTech who wrote (38039)	7/16/2002 6:43:49 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 52237

Standard P&F would not have got you out of the market in time for the big drop. Especially if you were using the BPNYSE as your main topping indicator. The BPCOMP did give a sell signal, but the "by the book" method for P&F said to wait for confirmation from the BPNYSE. The COMP chart also gave some pretty clear sell signals. But most of us (myself included) didn't pay enough attention to it. As a result of all of that, I have changed the way that I use P&F and I absolutely rely on other charting methods and indicators to confirm or fine tune my P&F read. I still consider P&F to be my main charting foundation, but I think it is insane to use only P&F and even more insane to read the charts in a rigid manner.