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Strategies & Market Trends : Point and Figure Charting

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To: Giordano Bruno who wrote (13469)	2/3/1999 7:55:00 AM
From: Gwolf	of 34823

I spent more time last night comparing these two different chart systems and found some other interesting things. As I mentioned Chartcraft had more columns of X's and O's than strict adherence to the P&F rules say you should have which distorted the bullish support lines. The bizarre thing is that this creates bullish resistance lines using Chartcraft that you don't see on DWA. The stocks tend to stop at these resistance lines like they should but they don't show up on DWA's charts, but DWA's charts are more technically correct. If any of you have had any experience with both of these charts I would really like to get your thoughts and feelings. Gwolf

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