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

To: Ms. X who wrote (2022)	3/26/1998 10:53:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 34813

Jan take a look at RXSD...a perfect chart...i own calls...first sell signal??? it touched 33!!!!

To: Ms. X who wrote (2022)	3/26/1998 11:02:00 AM
From: David N. Jones	Read Replies (1) \| Respond to of 34813

hmmmm...so let me see if I have got this. In your example the buy signal was the double top but RS actually flipped to positive in the column of Os? Regards Dunderhead

To: Ms. X who wrote (2022)	3/26/1998 11:27:00 AM
From: XOsDaWAY2GO	Read Replies (1) \| Respond to of 34813

Hi again, Jan! Re>>>I'm going to created another to illustrate the point. Let's assume that the RS has more of a history. This is an example of RS with a buy signal in a column of O's. 2.50 ------------- 2.25 2.00 --------X <---I have created a better buy signal here 1.75 X X O 1.50 ----A O-X-O----- 1.25 X O X O <--Here it has reversed to O's 1.00 ----9 1 ------- 0.75 8 0.50 ----X ------- 0.25 X 0.00 ---------- The O's tell us the stock has reversed down from its previous strong position. It looks, to me, like if a stock makes a pullback (which we should look for before entering), this would show a sign of underperformance.... and, hence would not be good? Confusing.. Barbara