Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Smooth Drive who wrote (18639)	4/21/1999 9:42:00 AM
From: Dennis J.	of 34820

Hi Eric, I really appreciate your post. Am travelling, and must reply more fully later. Maybe tonight. Initial thoughts. 1) For active stocks, intraday swings can be lost to the P&F chartists by having the rule of posting only to one column each day. However, that is the limit of end-of-day data. So,in the future, computers may update P&F charts by scanning intraday (say hourly) data for important moves, then updating the historical charts with intraday "events", and perhaps drawing a single candle for the current day and changing it as the day progresses. This seems entirely within the ability of modern-day computing. Perhaps to start, this would be done on a smaller universe of stocks such as the S&P500. 2) Even with 24-hour trading, we can still "compute" and report every 24-hours. No big deal. Always appreciate your posts! Glad to hear your are deeply into candles. Come to the LV Money Show in June and let's see if Greg Morris will let us buy dinner. Would be a great evening. Every bit as interesting as P&F, and they do complement each other. Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next