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


To: Ms. X who wrote (1558)3/8/1998 2:42:00 PM
From: lobster  Respond to of 34811
 
Jan,

Another question for Tom.

Last week when INTC was trading around 86, I bought some deep in the money calls(little did I know they would soon be at the money). It was on a pull back from 95 and 82 looked like a good stop loss. In reviewing the trade and looking at your daily trading tip dated March 6, I noticed that I should have recognized a high pole warning and avoided that play. Am I correct saying that I should not have pulled the trigger?

Also, on this thread Jan said that one of your broker clients is constantly beating the market by using PnF combined with Value Line 1 & 2 rated stocks. However, he uses a certain p/e ratio to screen the value line stocks b/f applying PnF. What is the p/e ratio that he uses.

Thank you for taking time to help us.

Thanks,

Steve