Dorsey Wright & Associates. Point and Figure Message Board

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

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To: Jorj X Mckie who wrote (5241)	1/22/2000 5:52:00 PM
From: Patrick Slevin	Read Replies (1) of 9427

After reading Mr. Dorsey's response to you I have to reply once again because the entire concept is too loose as the rationale is that the charts are not Time constrained yet they are deliniated in Days. I don't really have a problem with this personally, as I can figure my own way out of this morass. But the DWA stance is that PnF is not Time-oriented yet the charts are based on Days. It's just not rational. I can live with this, I just wish DWA would get off the dime and admit that they view charts in Time. Obviously they do, else we would not be concerned about whether the stock reversed or did not during a session, a Time oriented Session.

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