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

To: superdow who wrote (2337)4/14/1998 2:59:00 PM
From: Ben Antanaitis  Read Replies (2) | Respond to of 34811
 
superdow,

If you use EZ-PnF as your charting program, you can select either fixed, or more preferably, log scaled box values. With log scaled boxes you can select a fixed percentage value like 2% which will produce charts that 'fit' the classic patterns seen in the p&f texts.

Ben A.
pipeline.com



To: superdow who wrote (2337)4/14/1998 4:01:00 PM
From: wizzards wine  Respond to of 34811
 
Hi Ray, I'm not sure about the success rate of using P&F on penny stocks, in principle it should still track the supply vs demand so I would think it should work, however on box size....boy I don't know.

Tom's site does have a "daily market report" that's the good news, bad news is it is around $500 per month. MCD was on of Tom's more public picks and has done very well.

I'll pass the penny stock question to Jan, if I can find her!!!

Hope that helped

Later
Preston


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