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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (52810)9/16/1998 11:19:00 AM
From: The Perfect Hedge  Read Replies (2) | Respond to of 58727
 
No dates.It was in 1990.From what I gather P&F is a bigger snapshot of what's going on and is not too good at short term.What this indicator tells me is that it is very unlikely that we will drop below 7400 now.I do think we need to pullback here now but after that we could start up strong again.

B



To: donald sew who wrote (52810)9/16/1998 11:23:00 AM
From: Debra Orlow  Read Replies (1) | Respond to of 58727
 
Point & figure does not use dates, just movements. To me it is useful in projecting price targets, and is generally used for breakout moves, either up or down. In range trading environments, it is not very useful. My opinion only.


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