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


To: Anthony Wong who wrote (12770)1/15/1999 11:27:00 AM
From: Judy  Respond to of 34823
 
Anthony, thank you for posting the SEG P&F charts. The trade stops must be coupled with fundamentals, else in a volatile market you can be stopped out. As an example, prior to the breakout I posted to Preston for a P&F assessment of SEG, and that I would add to my long on pullback to possibly 27 1/2 recognizing that 30 was support. The P&F stop was 29. Examine the price action of SEG and you will see it put in a spike reversal at 28 several days before earnings.

On take out of 41-42 resistance I will double up on SEG leaps.