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

To: Bwe who wrote (4350)7/2/1998 7:13:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
END OF WEEK 2 CONTEST RESULTS

In reviewing the BIG Downers, I
currently have the honor of having
the Biggest loser thus far, at -28%
MCRE...going to show that if you
DO NOT pay heed to the Column of
RS signal...well, be prepared to
risk your capital.

As a side note, I did not look at
any of the RS signals on any of the
Sample 2 portfolio stocks. I JUST
looked at the P&F chart in my
scanning program. In addition,

my criteria for this portfolio was
to NOT use any stock that had been
already picked. Thus I did not have
a great deal of time... No Excuses
though, let's see what the next 2
weeks bring, as we are already seeing
some shifting in the rankings.

Portfolio % gain or loss
8 +26.92 going for the Wine
1 13.98 Nice Birthday
3 13.93
sample 1 12.01
6 9.56
5 8.94
14 7.19
2 6.66
15 6.06
7 4.01
9 2.79
4 2.37
12 2.36
10 0.71
13 0.60
16 (0.84)-
sample 2 (1.12)-

In all of the portfolios, it only
ook one stock with a RS in a column
of O's or below the trend line to
wipe out the entire portfolio.
Watch the RS column!!!!!!

Have a GREAT 4th

Preston and Jan



To: Bwe who wrote (4350)7/2/1998 7:28:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34811
 
Bruce and Wizzie,
Now, I forgot the original question?

Ah, yes. The daily charts or rather the IB_ _ _ _ is a little skewed from the actual BP chart. The numbers don't match perfectly. I've noticed a reversal in the IB chart may not be enough for a reversal on the BP chart. Tom matches up the BP with Chartcrafts charts for a precise measurement. I think that is how it works. Maybe he can expand on it a little.

I would email your other question to Jay. He da man!


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