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

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To: Patrick Slevin who wrote (5238)1/21/2000 11:42:00 PM
From: Jorj X Mckie  Read Replies (4) of 9427
 
Hi Patrick,
Agreed that days are a form of time. However, Dorsey doesn't chart with time as a factor, it is just that they update the charts at the end of the day rather than real time. If they did take time as a factor, then there would be a new column of Xs or Os every day or at least a new X or O in a column. This is not the case. I have gone over a couple of charts today that were exactly the same as they were yesterday. There is no way to tell if it was the same on Wednesday since the time is not charted.

Hope this helps,
JXM
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