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


To: Ben Antanaitis who wrote (15391)3/10/1999 11:20:00 AM
From: freeus  Read Replies (1) | Respond to of 34811
 
Would one of you helpful people please look up NITE and see where you think its headed? I bought about six weeks ago expecting it to get fully valued at about 56-58. It has not perfomed well in the six weeks, but then thats only six weeks. I have bought too many different stocks and have decided not to hold it as a core holding. It is making a strong move now and I dont know whether to take my 20% gain and get out or wait. What does P&F show?
I am about one third through the book.
P&F doesnt take volume into account does it? Isnt that important too?
Freeus



To: Ben Antanaitis who wrote (15391)3/10/1999 12:23:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 34811
 
Just to lighten things up a bit....

P&Fers
PnFers
Pointin Fingers

All great names except for one thing...I didn't make them up.

My contribution (refer back to mph's legal document on P&F creativity) is "Piff". As in:
To Piff (verb) = To chart using Point and Figure method
Piffer (noun) = One who uses Point and Figure Charting method
Piffed (adj) = To have charted so many stocks that one is worn out (usage: I was up late last night hand charting T from inception and I am totally piffed.)

Now when we go over to other threads, we can say with pride "I'm a Piffer!" and know that the will laugh with us and not at us.

Please feel free to add to my list.
JXM