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


To: Tigress who wrote (77)12/29/1998 2:57:00 AM
From: Smooth Drive  Read Replies (1) | Respond to of 322
 
Hello All,

Good to see some cussing and discussing about P&F. There ain't no one right way. Some basic rules yes. It's much like learning to read and play music. There's a few basic fundamentals to learn, and then if your content strumming open country chords -- Cool! Want more? Then it's back to more advanced fundamentals, massive practice and go steal from everybody.

See that the basics of trend line construction is being discussed. Good! Ben A has some terrrrrriffic insight here as he's PMed some of it in the past. You got to eeeeease it out of ole Ben.

Here's a little diddy I did in the past relative to the major trend lines. NOTE: You will see that I called the Bearish Resistance Line a (brl). Well -- my good friend Bruce insists on calling it a (BRL). So, to make things easy, I've been using those initials when I depict one of Bruce's charts.

Message 5102360

Take care,

Eric