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Strategies & Market Trends : Point and Figure Charting

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To: Casaubon who wrote (23803)9/25/1999 12:54:00 PM
From: Casaubon  Read Replies (1) of 34809
 
I just want to make sure I have my terminolgy straight on the dorsey site. When a stock signals alert! trend turned positive, such as AOL. That simply means the last P&F signal, on the smallest box setting (here a two box reversal because it's over $100), was a double top buy. Please correct me, if I'm mistaken. TIA

The reason I'm checking this is because the alert signal obviously then becomes dependent on the box size, and for a volatile stock, such as AOL, the smaller box setting has less meaning.
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