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


To: Ditchdigger who wrote (9308)11/5/1998 9:45:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 34811
 
Evening DD, on TMAR we do not concern our selves with how long an event last, but a TTB (Triple Top Buy) at 8.5 then went to 9.0...in X's...

Then Pulled back in O's tp 6.5 and is now back in X's and up to 8.5...

The break of the triple top is normally a very strong signal, and the pull back gives and fantastic opportunity to get in at a better position after the signal is given...They do not always give the pull back and thus a better risk to reward...

Hope that helps, I did not look at the RS but the chart otherwise looks good...

Later

Preston