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


To: Giordano Bruno who wrote (3782)6/16/1998 9:28:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34816
 
Hi Jim... Looking at KEA not a short & PGEX ????

I see the following:....

KEA is RS buy in X'S better than the market and with a target of 60

PGEX is RS buy in O's, less than market returns... and with a chart that is ???????????

A move to 37 for a low for the day would give a 38 for a double bottom sell..........not good

A move to 47 for a intra day high would give a new double top buy signal.. quite nice.......

Let them come to you and buy on the pull backs, don't buy on the signal... no reward there or little at best...

Later
Preston