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<DIV><FONT size=2>Please Post the address, or information on the Point and
Figure you are referring to. Sounds interesting?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Strato</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>S. McGuire <<A
href="mailto:netvest@xxxxxxxxx";>netvest@xxxxxxxxx</A>><BR><B>To:
</B>RealTraders Discussion Group <<A
href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>><BR><B>Date:
</B>Friday, August 28, 1998 1:16 PM<BR><B>Subject: </B>Point & Figure
Results + 28%<BR><BR></DIV></FONT>
<P>The Point & Figure Methodology which I have discussed several times
recently is <FONT color=#3366ff>up 28% since July 9.</FONT>
<P>Current positions are: Short - Gold, Wheat, Corn, Beans, Bean Oil,
Cotton, Oats, Lumber, Copper.
<BR>
Long - Yen, Pound, Swiss Franc, OJ.
<P>Today I took profits on Long bonds and short Canadian Dollar and short
Platinum; and losses on long Copper and short Cocoa and short D Mark.
<BR>The results are especially pleasing in view of the fact that I have
experienced several large losses because I was in the learning phase and
didn't apply some of the trading rules correctly. These results are based on
actual fills and $52 was deducted for commissions and fees.
<P>P&F has several advantages over bar charts: (at least to me and I've
been trading for 30 years.)
<P>1. Formations are easier to recognize. <BR>2. Trends are
readily identified and trendlines can be drawn with amazing ease.
<BR>3. Frequently, valid targets can be established. <BR>4. With
only one tool, the technician can see both the near term and long term
position of an issue. <BR>5. It’s the easiest kind of chart to
keep and therefore allows you to follow more stocks and/or futures
contracts. <BR>6. It enables the investor to do what he shoud be doing
- stay with a winner while it is winning and get out of losers quickly.
<P>You owe it to yourself to take a look at P&F.
<P>Futures trading is not for everyone. The risk of loss in trading
commodities can be substantial: therefore, carefully consider whether such
trading is suitable for you in light of your financial condition. Past
performance is not indicative of future results, and there is no assurance
that your trading experience will be similar to the past performance
</P></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Aug 30 13:48:58 1998
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From: "Sentinel Trading" <rjbiii@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re:WOW ! Read this about the "Dow"
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My only comment is that each correction gets larger than the one before it. Try
moving your line to the congestion rather than the extremes. It seems to be a
better representation.
____________________Reply Separator____________________
Subject: WOW ! Read this about the "Dow"
Author: owner-realtraders@xxxxxxxxxxxxxx
Date: 8/29/98 11:47 PM
Hi rt's
Technically speaking, look at the chart and what i am about to
claim/explain.
I just printed out the dow "weekly" cash. I get end of day charts from cts
in florida.
I've noticed in the past that sometimes different services are off a few
millimeters depending on how they graph. Meaning some trend lines are
perfect 45 degree angles with some chart services while not quite with
others. Has anyone done any serious research on that small % difference
because here is what i am getting at. PRINT out a copy of the weekly dow
(cash), with what ever service you have and see if you get the same thing i
do?! Once you have printed it out, grab a blank piece of perfectly
STRAIGHT paper and prepare to be shocked (bulls). Here's what you do--->
hold your straight edge at the point of that absolute low print on july
'96, then form an uptrend so that your straight edge just touches the
absolute low print of last october
(oct 1997) lows, then GUESS WHAT??? the "3rd" (magic "3", i love that
number!! as an aside, i was born on the "3rd") times a charm for the
bears!!! It appears we closed below that HUGE uptrend. WOW, can you say
"waterfall" now? PLEASE
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