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

To: Jorj X Mckie who wrote (215)	1/30/1998 12:59:00 AM
From: Pierre	Read Replies (1) \| Respond to of 34811

Would you mind looking at PXD. It's an oil driller and producer. Why should I conclude from chart that it has bottomed? Or maybe I shouldn't. TIA. Pierre

To: Jorj X Mckie who wrote (215)	1/30/1998 7:26:00 AM
From: Ben Antanaitis	Respond to of 34811

TD, All P&F posters have been welcome on this thread, as long as ALL P&F views and technique variations are welcome and open for discussion... Now if the intent is to make it the "Tom Dorsey's Method and Opinions Only, P&F Charting Thread", then we might have a disagreement.... but so far, that doesn't seem to be the case. Let's face it, P&F was here before Tom and it will be here after Tom and the rest of us are retired and living in the South Pacific. New technology and new discoveries or technique variations will come along and improve on the original, traditional P&F methods, it's inevitable, eg using logarithmic scaling for the charts instead of the traditional Cohen scaling. So come on in, the water's fine. Ben A. pipeline.com