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


To: chartseer who wrote (6326)8/26/1998 12:49:00 AM
From: The Perfect Hedge  Respond to of 34811
 
Seer-
Man,I'm a wuss...I talked about IBM puts but did I do anything?

nope!

Maybe I'll get another chance...

B



To: chartseer who wrote (6326)9/27/1998 5:48:00 AM
From: Bwe  Read Replies (1) | Respond to of 34811
 
What a great call you made on Coke on August 25th. Here's what you said:

>>>Don t like KO. 81 is right on BRL even though KO is above BSL. Looks like a topping formation to me. I am thinking of buying PUTS around this level. Don t want to rain on your parade. So many better charts why gamble here? I guess like beauty the chart pattern is in the eye of the beholder.<<<

Today, KO is at $56 3/16. To my way of thinking, the art of p&f charting is in the interpretation of the chart formations, patterns, and trend lines, and you did that wonderfully on KO's chart. Bravo!

Your pal,
Bruce