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


To: papi riqui who wrote (3038)5/14/1998 11:22:00 AM
From: Ms. X  Read Replies (2) | Respond to of 34809
 
Papi,

I hardly think you embarrassed yourself. Your questions were excellent and gave a good opportunity to discuss how the charts do change.

The nice thing about charting the P&F on your own is that it doesn't take much time. No math so to speak. You just look at the high/low, X's and O's (that rhymed, how cute) and go on to the next. Makes it easy to keep up with several at one time. You will learn this in Toms book.

If you hitch up to DWA you can look at the charts daily. I learned by finding stocks that made big moves and then looking at the chart. I'd look to see what the chart was telling me before the move. For instance HWP today dropping 11pts. Did the p&F chart have any clue that was about to happen...things like that.

It is technical but it is an art too.

Take care and please ask any questions,

Jan I am