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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (9021)10/24/1998 7:52:00 PM
From: Ditchdigger   of 34820
 
Preston or anyone. Question,probably with an obvious answer<g>..Say we have a stock at 45 in a column of X's, action points(for 3 pt rev.) would be 46 or 42. The stock reverses and actually dips to 41. The question-does one move over to the O column, move down one box and record 3 O's or 4, since it actually hit and closed the 41 box? TIA..
DD-lots of reading to do....
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