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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Tommy Dorsey who wrote (5453)1/26/2000 1:28:00 PM
From: kaz  Read Replies (2) of 9427
 
Hi Tom,

Is there any chance of including that bell curve for the cheap seats? It sounds similar to Market Profile which, as I know you know, was developed for commodities floor traders. Wish we had something like that for trading all periods of stocks. I think it could really add to P&F for those who trade on a rather short term basis. Imagine a double bottom where the Profile shows a tail down from the body. This could indicate a greater possibility for a rebound. For longer termers, it could help with entry points. Strict Piffers could just ignore it, of course.

Just a thought.

Paul
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