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


To: sanke who wrote (9198)10/30/1998 3:28:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34811
 
Hi Sanke,

Welcome and I'm so pleased the P&F is helping you. Love the comment on Tarot cards <VBG>

On stocks whose RS is in X's, above trend, at the top of their trading band - as long as it isn't a high pole (20 or more X's without interruption) you can buy partial positions and then add on a pullback. This is a general rule and you should always evaluate each chart and the fundamentals before making such a decision. Also, easier to do this with the market and sector at low levels like now.

Jan I am