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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Linda L who wrote (33014)4/12/1999 9:45:00 PM
From: John M. Allen  Respond to of 120523
 
Linda- OMKT- You're not the only one who asks why 25? I, too, would appreciate your take, Jerry. Thanks.
As an aside, did you all know that 8 out of 10 picks on the 4/12 Watchlist went up today? Of course, I was in one of the two that didn't. Oh, well, tomorrow..........



To: Linda L who wrote (33014)4/13/1999 8:07:00 AM
From: Jerry Olson  Read Replies (2) | Respond to of 120523
 
Morning Linda

i won't be here today but wanted to answer your ?...

i get targets with the use of P&F, we calculate either VC's or HC's & PO's <g>...VC is a verticle count, HC is a horizontal count, and PO is the Price Objective...

these take time to figure out..but OMKT has a 25 PO...P&F is wonderful for this type of info, and much much more...

get the book and read it cover to cover...it's simple and informative..

good luck in the Markets to all...