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


To: Ms. X who wrote (77)1/24/1998 5:50:00 PM
From: lobster  Read Replies (1) | Respond to of 34808
 
Glad to see this sight getting active. I have been learning P & F for the last four months. I am going to Dorsery Wright's Broker Institute in March. Can't wait. Got hammered on IOM, but hey that happens occasionally. Just a note that you all might find interesting: I follow the research of a major wirehouse. When I entered all of there fundamental buy rated stocks(300+) in the portfolio on Dorsey Wright's site, less than half were buy rated from the P&F side.
Sure makes the case for combining tech with fundamental.

later,

lobster

P.S. This same wirehouse only had two sell rated stocks.



To: Ms. X who wrote (77)1/24/1998 5:57:00 PM
From: Mr. BSL  Read Replies (2) | Respond to of 34808
 
<Doresy on-line>

That's tremendous news PNF! I read his book from cover to cover and often reread sections. I'm still a little stumped on the vertical count ( i.e. how do you adjust your vertical count when a stock pulls back for three or four boxes and then resumes the rise. Do you stick with your original vertical count or do you adjust it for each new column of X's ? ).

duke60