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Strategies & Market Trends : Point and Figure Charting

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To: papi riqui who wrote (22401)	7/15/1999 2:13:00 PM
From: Ms. X	Read Replies (5) of 34811

Vertical Count on CAMP. Remember the count comes with the column of X's that creates the first buy signal after the last sell signal. 9.0 ------* ------------------------------9.0 8.5 * X 8.5 8.0 ----------* ------------X ------------8.0 7.5 * X X 7.5 7.0 --------------* ----X O X ------------7.0 6.5 * X O X Med6.5 6.0 ------------------* X O X ------------6.0 5.5 X X X 7 5.5 5.0 ----X O X O X --X --6 ----------------5.0 4.75 X O X O X O X O X 4.75 4.50 ----X O X O X O X O X <--Column that creates the first buy sig. 4.25 X O X O 5 X O * 4.25 4.00 ----X O ------O <--Last Sell Signal The column of X's to count does start at 4.5 and so two boxes should be divided by .25 but we needn't be that picky for only two boxes, therefore we will use the division of .5. There are 8 boxes. 8x3=24. 24 / .5 = 12 12 added to the bottom of the column (4.5) = 16.5 Always take the vertical count and check it against any resistance is at that level. If there is resistance at 16, you can use that as your judge. If the resistance is at 17 you can use that as your judge. If there is no resistance beteeen 15 and 20 use that as your judge. See what I mean?

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