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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: chartseer who wrote (20352)	7/27/1999 1:18:00 AM
From: Smooth Drive	Read Replies (1) of 53068

Hey Seer, How's my main man? Now, I don't want to get in the middle of a heated discussion about P&F<g>. But -- if one were to go to my help page at the MDA site homestead.com you'll notice a couple of references to two dudes named DeVillers and Wheelan. Their system of P&F charting is 180 degrees from Cohen's EOD three box reversal P&F charting. In fact, their one box reversal P&F system (but always at least two boxes in a column) would and does lend itself to daytrading. Ken Towers of USTSecurities, and a regular guest on CNBC, practices this older type of P&F charting. I have a tape of his wherein he takes some real jabs at EOD P&F charting as being incomplete and only telling a bit of the story. The two camps: DeVilliers versus Cohen, are like republicanes/democtates; sailboaters/powerboaters; sailplanes/powerplanes, etc. etc. In my discussions with the two camps, they think the other is missing the boat. I've just ordered the Wycoff book from TAOS&C and am going to begin a study of his system (he uses both bar charts, volume and Devilliers type of P&F charts). I wonder which camp I'll end up in? Take care, Eric PS - Seer and I maintain some P&F charts (3 box reversal type) at the QQQ thread. Ole Seer's one damn smart fellow. I always listen when he speaks.

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