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


To: PuddleGlum who wrote (25824)11/6/2002 4:00:43 PM
From: Rich1  Respond to of 34811
 
Thanks for the comments..

When I did well in the market it was always through PnF, IBD breakouts and Carpino's cycles.
When I did bad it was because of "my falling in love" with stocks.

Lotsa folks on these threads are very bearish.
The world isnt coming to an end.
The Baby boomers have tons of money that they are spending ..companies like New Balance..HArley Davidson certain health care stocks and Commerce Bank are all growing doing busines with them.
I was at a Beyond the Numbers J Walter Thompson 50 Plus conference in New York last month over 150 Companies paid 2K to be there.
A new age is starting the Age of Imagination.. The information age may be dead or slowed down but others arent.
Real Estate busines is on fire. I am going to make more money this year than I ever made.<gg>
I think we are going to see extraordinary growth in some sectors and some will remain stagnant.
But there are great looking charts out there PDCO..Petsmart
QCOM..LVLT amongst others...



To: PuddleGlum who wrote (25824)11/7/2002 5:43:25 PM
From: David N. Jones  Respond to of 34811
 
PG
Try looking at some percentage based PnF charts down around the 2% to 3% level in conjunction with the traditional style charts. Traditional PnF charts are great for identifying long term trends and changes to those trends while percentage based charts can sharpen up entry/exit points.
Cheers
David