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

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To: Ms. X who wrote (565)9/29/1999 4:27:00 PM
From: OX  Read Replies (2) of 9427
 
Thanks for your reply and pointing those things out.
However, I am still confused about the TWO DB breaks in the uptrend.

Do you mean that the last column of O's broke past 2 sets
of previous low col of O's? (see below chart snippet)

If not, can I trouble you to please explain what you meant? (Thanks)

----------------------
X X
X O X O
X X O X O X
X O X O X O X
--X --X O X O X O X --
X O X O X O O X
X O X O ^ O X <--- 1st break?
* X O X ^ + O X <--- 2nd break?
X O + + O
--X ----+---+---------
X + ?
X ? *
9 *
X *
O X --------* --------
O X *
O *
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