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

To: wizzards wine who wrote (2336)4/14/1998 2:13:00 PM
From: superdow  Read Replies (2) | Respond to of 34811
 
Are point and figure charts successfully used to track ''penny stocks?'' I'm dealing with a stock trading at 39 cents (MDIN).
Should I be using 1 cent boxes?

Also does the dorsey site have a ''daily market report?''
The only thing that I can find is the ''analysist comment''
on McDonald's which has been posted for the last two or three
weeks. Thanks-Ray.



To: wizzards wine who wrote (2336)4/14/1998 4:15:00 PM
From: Smooth Drive  Read Replies (1) | Respond to of 34811
 
Hello Preston,

Regarding CKR, as a point of interest only, the Michael Burke vertical count method would of had a Bearish PO of 32, which of course it met.

Eric


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