Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Appleby who wrote (70)	12/28/1998 7:31:00 PM
From: Ben Antanaitis	Respond to of 322

Eric, Your understanding is correct. One additional X is added. Did you miss a reversal day? Maybe. Maybe not. As is often the case now a days, an interday or afterhours drop today might be reversed just as fast tomorrow when the 'real news' comes out or is explained. It is a part of the p&f methodology. You have to live by the rules to be consistent and unemotional. What happens with an internut stock that jumps 36 points in one day? Did you miss a breakout buy signal? Maybe, maybe not..... Ben A.