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

To: Ms. X who wrote (4883)	7/18/1998 9:57:00 PM
From: Smooth Drive	Read Replies (1) \| Respond to of 34811

YES JAN!!! A little passion. That's the old stuff. I totally agree. I've come up with some little rules of using RS but I want to hear how Bruce uses the RS chart first. Now ---- since you've gotten yourself out of the mail box and interjected, just HOW do YOU use the signals. So you like X's better than O's huuu? Me too. But, you know that X and O trends within a RS chart can be somewhat short lived. I think short term and longer term investing (yes they are relative terms) make a difference as to what you do when trends change if your in a stock. I further think all purchases, long or short term, should be taken as much as possible with an up trending RS. Say you take a position in an RS Sell stock that is trending in X's. Then it turns down. What do you do? Say you take a position in an RS buy/+ stock and it turns down. What here? Different investment horizons can change this answer. Let's offer some general rules to follow. Helps take the guess out of what to do when things change. On my way to play tunes. Nothing like old fart honkeys playing R&B and R&R. Take care, Eric