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

To: Gwolf who wrote (14049)2/16/1999 8:46:00 PM
From: Ms. X  Respond to of 34811
 
It is possible to buy responsibly in this market, no flags, no penalties and the referees are fairly nice about the whole thing. You do have to manage the position, watching to make sure it doesn't break down on the chars, doesn't sneak in a foul with an RS reversal etc.

What you would look for is fundamentally sound stocks, RS in X's preferably RS buy signal, above trend and strong chart pattern. Buy on pullbacks around support and have a close stop.

So, yes. It can be done.


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