SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Bwe who wrote (3639)6/13/1998 9:13:00 AM
From: Al Serrao  Respond to of 34811
 
Hi Bruce. You may not think no one is reading your posts but I've been reading every word of them . Very informative and educational. Not all of us maybe following any given stock at a certain point but I read them for there educational value. Would you be willing to do the same for us on one the idices like SOX, S&P 500, or whichever one you follow ? I hope you continue, your input makes this one of the most informative sites on SI.



To: Bwe who wrote (3639)6/13/1998 9:17:00 AM
From: wizzards wine  Respond to of 34811
 
Good Morning Bruce, Your post are looked FORWARD to by many I am sure. I for one have only Tom's book and the teachings of Jan for any P&F knowledge. I read and save ALL or your post to study and learn from as one never quits learning.

Any P&F information posted on this thread is of benifit to far more than post here, as many lurk for months until becoming comfortable to enter into discussions.

PLEASE keep posting and giving us your chartcraft updates for this is yet more information on which we may learn.

I'll try to be more interactive with you in discussing your post.

Hope you decide to continue for the benifit of all.

Later
Preston



To: Bwe who wrote (3639)6/13/1998 10:16:00 AM
From: ViperChick Secret Agent 006.9  Respond to of 34811
 
Bruce
you can bet many read your posts word for word
I print them out
keep posting
lack of comment doesnt mean lack of interest



To: Bwe who wrote (3639)6/13/1998 10:24:00 AM
From: Ben Antanaitis  Read Replies (2) | Respond to of 34811
 
Eric, Bruce, Jan,

What you all are attempting to do is 1)promote the education and use of the point and figure technique, 2)assist yourselves and others in making some money through intelligent investing, and 3)have a little fun on the way getting there.

These are laudable goals and your all are encouraged to continue in your efforts.

It appears to me that we have several unique type of posters/lurkers on this thread. Each has their own need for reading/participating here.

At the bottom of the food chain, you have those folk who only want to find out what the latest 'stock tip' or 'instant analysis' is from those geeky point and figure (what ever that is?) fanatics. They blast in, ask 'what do you know about xyz stock?', look for an answer, and disappear until they read about another wonder stock somewhere else. They probably aren't, and probably never will be interested in p&f. P&F takes some time and discipline to learn and use, and they are looking for a quick fix stock analysis/tip. They have their place, they do provide some interesting stocks to take a look at, but don't feel bad if they don't respond to your postings/contests, etc.

Then we have those folk who just discovered, and are open to learn, p&f. But they are totally new to it and are very insecure in their own mastery of the technique. This makes them reticent to append their questions, not to mention their own ideas and conclusions/analysis. They are the 'next-generation' of P&Fers and need to be encouraged and mentored until they have self-confidence in their skill level. Jan's quizzes are a good way for them to anonymously sit back and say 'hey, I got that one right, I'm not as dumb as I thought..' Bruce/Eric, these folk need technical discussions to take them beyond the two or three chapters in the standard p&f books that tells them how to mechanically construct the charts. Sort of like an undergraduate level seminar course in p&f. Some of your recent postings have definitely been at the post-graduate school level and, perhaps, that's why comment has not been forthcoming.

We also have the graduate school level P&Fers out there, (Preston comes to mind). They have solid grounding in the theory of p&f and they aren't shy about posting their analysis, but they also read every word from the thread professors. But some may not be secure enough in their knowledge to get into a debate/discussion. You may or may not get replies from them, but they are out there reading and learning from every word you write, working on their own PhDs.

Then we have the doctors of p&f-ology. You all know who they are. They post, everyone reads, some learn. We have seen discussion and debate between them, but at times it's like trying to listen to a Quantum physics debate between Einstein and Feinman. Did you ever see a freshman interject into one of those?

So, I guess what I'm trying to say is that in the diversity of this thread, your postings are most welcome at the level they are at, but don't expect a lot of debate. However, there is probably room for more undergraduate and graduate level instructional postings to increase the overall P&F-Q of the thread. This can come from general postings of 'theory' of p&f eg support and resistance line placement, advanced pattern recognition, etc. and from specific postings of the complete analysis of a given stock ie showing the complete thought process that goes into a PhD p&f analysis.

Bruce: The Chartcraft reports are very interesting and very welcome. What type of responses were you looking for? You have our thanks for posting them.

Well, you've all probably fallen asleep with the length of this...

Ben A.



To: Bwe who wrote (3639)6/13/1998 10:42:00 AM
From: David N. Jones  Read Replies (1) | Respond to of 34811
 
Hello Bruce,
As a P&F newbie I find the report and your contribution to this SI thread extremely valuable. I think it is inevitable that a lot of the traffic on the thread will be taken up with a few people answering questions on individual stocks for those not familiar with P&F charts. I know my first reaction upon stumbling upon the thread was to want to know what the P&F take was on some of the stocks I was holding. Having decided that P&F was for me I went away and read TD's book, subscribed to DWA & Scobey and have read every single P&F post since that day. For some folks this area of SI may be just a place to gain a second opinion, which I enjoy as it gives me new stock ideas to look at. My contributions to the thread are limited as I am new to the art of P&F and generally let others answer specific questions. I think Jan's quiz and P&F contest are great ideas as they will IMHO help bring the wall flowers like myself out into the open. I guess what I am trying to say in this ramble is that for me the most value from this thread is obtained by the contributions of those practiced in the art of P&F who take the time to share their knowledge and experience about how they actually use P&F to trade. Tom Dorsey makes the comment that those studying the art of P&F are a minority and for me that is the real power of the internet and first class forums such as this one in that regardless of location it is possible for those individuals of the minority to meet and learn from each other. So please continue to post your Chartcraft Reports and share your experiences as often as time permits you to. You can be certain that there will be others like myself benefiting from your knowledge.
Regards
David



To: Bwe who wrote (3639)6/13/1998 12:07:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Bruce,

I know you have been frustrated but I think you can see from all these wonderful posts, that people do listen and they care and they want/need the information. I think Ben did an excellent summary as to why many do not respond.

I face the same issue and have been since I started posting regularly to this thread. I was feeling quite frustrated until I noticed we were on the Hot List practically on a weekly basis and that meant people were READING. Maybe not responding. Since my goal was to help people learn, I pressed on. I am encouraged every time a new "lurker" posts or I get a private message from someone too shy to contribute.

I try and keep my post to the "undergraduate" level (thanks Ben!) so all can understand and those just tuning in won't be blown away. I do this to maintain the open arms policy that I have tried to instill on this thread. Your posts add some spice to our discussions and I love them. I think it shows how in depth P&F can be and how far reaching the methodology is. It is much more than "What do you think of XYZ?".

If you enjoy what you are doing and feel that it is for the better good, than please continue.

I thank you for helping on this thread. You are a wonderful contribution and I don't want you to leave :-(

Hang in there, you are helping the education process. You have no idea how many people you have touched!

Jan I am



To: Bwe who wrote (3639)6/13/1998 7:51:00 PM
From: maurice paquette  Read Replies (2) | Respond to of 34811
 
To all teachers:

First of all, there is so much to learn and so little time left.
First year on computers.

Just ordered P&F charting book.

Just learning to type.

73 yrs old and trying to figure what you are trying to convevy.

I intend to read every post on this thread and i'm sure that all newbies will appreciate your efforts even though they may not post their feelings.

Teaching is a thankless job but just rest assured that there are those of us who would continue to flounder without the continuous help that you are willing to donate to the so call P&F dummies.

Thanks ever so much for your time, and maybe some day we in turn will be able to do for others what you are doing for us.

My Sincere thanks

Maurice



To: Bwe who wrote (3639)6/13/1998 10:18:00 PM
From: Lane  Respond to of 34811
 
Bruce,
Please keep posting. Always enjoy them. I personally don't post much, but do get allot out of reading others, especially yours. At this point, I am not knowledgeable enough on this subject to interact meaningfully. Am slowly getting there though. Just recently discovered this wonderful technique. Thanks.



To: Bwe who wrote (3639)6/14/1998 12:30:00 AM
From: edward miller  Respond to of 34811
 
Bruce,

There are many who mostly read this thread, like myself. I am always
interested in reading about issues when the posts are well thought
out and informative. I don't have time these days to do all the
technical work and research to get good at this on my own, but this
thread and a few others seem to help me a lot.

I'm in cash today largely due to this thread. This is the first time
that I haven't felt that I jumped ship too soon.

Just because I don't post daily doesn't mean I'm not interested. My
future retirement depends on information to a large extent.

Ed Miller