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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: Smooth Drive who wrote (6068)2/10/2000 9:15:00 AM
From: papi riqui  Read Replies (1) of 9427
 
Eric,

Good point on triangles. Take another look at WMT, though.
Would not your symmetrical triangle really start with the 65-70 X column? In which case, if I have my lines drawn correctly, the critical Double Top Break that actually breaks the trend line and thus becomes the "real deal" would not occur until WMT hits 63?

Maybe that's why WMT will not have completed a classic P&F BT if and when it hits 61 on this X move. What do you think?
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