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

To: ViperChick Secret Agent 006.9 who wrote (7724)	9/24/1998 12:54:00 PM
From: stan s.	Read Replies (1) \| Respond to of 34809

Hi Lisa, I'm not clear which chart you're referring to but I assume it's this one. geocities.com Using the weighted 6-10 crossover. Buys are the green arrows or more specifically when the green moving average (weighted 6 day) crosses over the red. Sells are the red arrows or when the red moving average (weighted 10 day) dips below the the green. It's very effective in indices and stocks that have some movement, obviously less so in flat trending situations. There is some danger in using it AGAINST the trend which is why a weekly chart becomes extremely helpful!!! Obviously it shouldn't be used in a vacuum....but if one has the discipline to sell...it keeps you on the right side of the stock price. Of course it works for shorting as well. The link discussion with Peggy was the following site...she wanted to know how it could be used for similar results. equis.com courtesy of Peggy. Good luck, Stan