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

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To: XOsDaWAY2GO who wrote (2381)12/3/1999 8:57:00 AM
From: J.B.C.  Read Replies (1) of 9427
 
The "C" you see on P&F is yesterday's low print for nanx. The point & Figure rule is if the chart is in a column of "o's" did you add any on the day? The answer for yesterday was yes,therefore the add in the "o" column over rides the reverse to x's. I don't believe that DWA ever add a month indicator ("C" for November) in red so it doesn't show as a "new" add for the day. If all stays right you will be in x's after today.

Jim
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