Supervest

by By Ed Kerins — , edkerins@netscape.net - April 17, 2001 at 17:45:19:

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Irv Saunders gave a presentation on point and figure charting and analysis. He also provided a handout giving an overview of the methodology. He asserted that point and figure charting could give one an 80 to 85 percent chance of making a profit.

Irv showed how he used a three-box reversal system to determine the price objective and sell point. He recommends the tutorial and traditional type of point and figure charting found at www.stockcharts.com.

Paul McLaughlin passed out a chart of QQQ. The chart suggests the bottom is not in yet.

Ed Kerins gave a report from the West Coast Cycles Group.

Murray Boobar described the fourteen items he uses to provide a fundamental screen of all stocks. Murray uses Quotes Plus software for this analysis.

Next Month—Fred Haney will give his investment views and investment strategies he has used during his decades of investing.

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Last update: 4/17/2001

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