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


To: Gwolf who wrote (14356)2/21/1999 1:38:00 PM
From: quote 007  Read Replies (1) | Respond to of 34816
 
gwolf
that is exactly my point--low pole warnings in a bearish environment are not good signals---we should be looking for high pole warnings--for the purpose of shorting and/or put buying--when the short term indicators turn around then we look at low poles???

does that make sense to you??

stuart



To: Gwolf who wrote (14356)2/21/1999 1:39:00 PM
From: Ms. X  Read Replies (2) | Respond to of 34816
 
Look at that 5pt box on RMBS. You will see that it has pulled back to very strong support. Upon market and sector strength this might be good for a leap.