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


To: wizzards wine who wrote (6658)9/2/1998 12:04:00 AM
From: Ms. X  Respond to of 34824
 
I'm bowing...



To: wizzards wine who wrote (6658)9/2/1998 12:16:00 AM
From: iGregor  Read Replies (1) | Respond to of 34824
 
Hi again Wiz. Sometime ago (about 4-6 weeks if memory serves) you were making a point regarding the relative merits of RS buy/sell signals vs RS Xs/Os. If I recall correctly you were in the process of researching the matter, and had reached the tentative conclusion that RS Buy/Sell was less important than RS Xs/Os. Did I miss the final installment of the results of your inquiry...or is it still ongoing? East



To: wizzards wine who wrote (6658)9/2/1998 3:11:00 PM
From: Jorj X Mckie  Respond to of 34824
 
Hi Preston,
Long time no talk. I've been very mobile in the past couple of weeks, so less active here.

Got a question for anyone who wants to answer. I have been playing approximate previous reversal points (to the X column) as resistance points on stocks that have had long tails down. Example: I bought YHOO puts today when it hit $81 (the reversal was at $80) and LCOS puts as it approached $30. Jan had mentioned that these points may be useful, for this, but is anybody else using these for entry points?

It has worked fairly well so far, but of course I could just be rationalizing another TDT.

Hope all is well,
Tom