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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Jerry Olson who wrote (114)9/7/1999 9:24:00 PM
From: Patrick Slevin  Read Replies (1) of 9427
 
Actually, I've been aware of PnF for years, I have one friend who used to trade on the floor.....even with over a dozen screens in his office he still putters away with a piece of paper writing Xs and Os now and then.

But I'm just futzing with it at this point. I have enough systems to crash a dozen computers....I just like to know "something" about just about everything. This is in case I find something that I like so I might have a confirming indicator to enhance probabilities.

As far as becoming a full blown PnF phreak I am quite certain that could take years. So taking advantage of a free trial (or trail) would be fruitless at this stage of the game for me. I could not devote the time to it as yet. At this point, I'd just like to know what the proper set up might be so I can visualize what might be happening and then formulate some thoughts on it.

The Nets were Long, that is so.....but my patterns were Short and that's the way I played it. I don't know what the Nets are for tomorrow....have not run the data through as yet. The Nets were rolling Longer as of today's Close, by the way. The Patterns were for the Intraday Trades....not the positional trades.

Just returned form dinner so I have not had time to run the patterns out for tomorrow as yet.
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