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

To: bobster who wrote (908)	2/20/1998 11:57:00 AM
From: Ms. X	Respond to of 34816

Hello again, I'm plowing one by one through the thread. I missed most of yesterday. Don't feel like a knucklehead. I remember when I first started I looked at the 3 box reversal and felt like an idiot. Especially when Dorsey said he taught it to 4th graders and they got it like (snap)!. Chartcraft does a combination of economics and TA. I love it. Gives me a global picture. Check to see if they have a free trial period and see if you like it. I don't see anything wrong with Dell other than it has run up so fast. Good for you for owning it. Dorsey mentioned a high pole on his Q&A. He said any stock he owns that runs up that high he sells on the first 3 box reversal which for Dell would be 6 points. That is his strategy. With Dell you have to decide your profit loss level since there are no support lines to gage by. If Dell were to reverse the 6 boxes and then move up again, I would feel more comfortable entering because then I have a recognized stop point. For now, I'll be content to know you are making millions not me. :-) Jan