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

To: Bwe who wrote (4894)	7/27/1998 9:33:00 PM
From: Lyn Benson	Respond to of 34811

Bruce, I'm new to getting serious about P & F, brand new to the DWA site, was reviewing old posts and had a question for you. You mentioned your DRIPS in a previous post. I have principally been investing via Drips up to this point and am trying to reconcile the dollar cost averaging mentality of Drips with the P & F ways of thinking about FA, NYSEBP, RS,sector rotations and all the other (million) things you need to keep in mind....I know you need a stock with good fundamentals, would think you had a longer term horizon with a stock in a Drip, holding as long as the stock was fundamentally sound and above the bsl...but do you rotate in and out based on sector position as well? I am assuming you have come up with a good overall strategy for them since you have Drips...could you share it? Also, could you take a look at NSC (Drip invests every quarter) and use it as an example? Since I knew relatively nothing about P & F until recently, I would think I would start today, based on what I'm learning...it would seem, based on the non-air transportation sector's current position and the fact that the stock just broke the bsl, you would sell and reposition yourself into the stock when the sector and market was more favorable if the stock's fundamentals were still attractive, and the rs and signal improved? I am assuming you use the signals as your guide, figuring that when outside influences such as the Conrail division is settled, the outcome will be reflected in the charts? Hope I'm not asking too much...I haven't seen Drips addressed and am trying to bring lots of things together!