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


To: Ms. X who wrote (5098)7/26/1998 1:43:00 AM
From: H.W.Melle  Read Replies (1) | Respond to of 34811
 
Jan:

Thanks for your responses on the other board. I've been going through the charts in my TC2000 database and looking at the converted P&F charts in the EZPNF program. As I stated before this is a whole new experience. Went to the dorsey site and looked around and went through the charting primer. I have read the past couple hundred posts on this thread. Lousy weather here. Good time to do some more learning. I have a couple questions if someone here doesn't mind answering

#1 What do the numbers that appear in the columns signify?
#2 From my untrained observances of the P&F charts it seems that much of the move up from a bottom is missed when waiting for confirmations of breakouts whereas bottoms can sometimes be acted on a little sooner using the B Bands, Stochastics and RSI. (But you can definitely get whipsawed as well using these) Comments???
#3 This charting process seems to be geared towards intermediate to longer term investing rather than short term trading. Comments ?????

I would like to add that this thread seems to be one of the better threads I have seen. (Just sucking up a little) Ha Ha Just kidding -- My daughter was looking over my shoulder and you know what they say "out of the mouths of babes"

Thanks in Advance
Good Luck and Trading to All

Horst
hwmelle@uswest.net



To: Ms. X who wrote (5098)7/26/1998 12:03:00 PM
From: wizzards wine  Read Replies (4) | Respond to of 34811
 
!*!*!*!*! CONTEST RESULTS !*!*!*!*!

Portfolio Name % Gain or(loss)
1st 8 Margaret Mateer 37.28
2nd 6 Duke 60 11.36
3rd 2 Al Serrao 8.87
1 Tom Dietz 8.17
7 Flashy 8.01
3 jj sirius 6.84
12 Eric Stendal 5.49
14 David Jones 5.41
15 Johnny Lo 5.19
5 (0.44)
9 (1.07)
4 (1.32)
11 (1.45)
13 (8.45)
10 (10.13)
16 (14.61)

Sample 1 15.70
Sample 2 (6.58)
Sample Al's sell and RMBS buy 4.13
dukes VL20PNF 3.98

As we all can see, things can and do change,
and often NOT for the better. I deleted all
names from the (xox) as many should have sold
to protect profits... Many portfolios took a
huge hit in the final week...

Congradulations to everyone, thanks for
participating and I only hope you learned a
little something from all of this that will
be of use in the future. I for one never
would have guessed things would have changed
as much as they did through out the one month.

We will contact the 1st, 2nd and 3rd place winners
shortly...

Thanks Again,

Jan and Preston