Tuesday, January 8, 2008

Welcome to Point and Figure Signals

Welcome to my view of the stock market. My goal is to provide a snapshot of the stock market based on what I am seeing happen in my Point and Figure (P&F) Charting. I have created my own system that covers most stocks above $5 on the NYSE, AMEX, and NASDAQ exchanges. Every night, I process those stocks and sort through charts to find signals that have happened during the day. I also look at the overall trends to find which way the stocks are headed. Instead of keeping all this wonderful data to myself, I am sharing it with you in an effort to enhance your total view of the markets.

However good my signals might be, you need to complete your homework by doing whatever technical or fundamental analysis you do to make your own decisions.

I'll post a summary of the markets for the previous day and share any important individual signals I see such as a stock breaking 90 (they usually go to 100) and broke triple tops or bottoms.

Enjoy!

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