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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Hardline who wrote (1315)10/25/1999 6:30:00 PM
From: feewaybill  Read Replies (2) of 9427
 
Hi Hardline,
You write << HPO - How do you count when it crosses between the TEENs and the TWENTIES.>>

Aby the author of "Point and Figure Charting" writes about using the smaller box size when you have prices BOTH above and below 20 using the horizontal price objective. Taking a conservative approach. You don't use a conversion like the Vertical Count, with ULTE you just figure it as under 20 and use the 1/2 point per box. I'm not good with these put maybe this helps. Check out page 90 in Aby's book if possible......Bruce
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