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Non-Tech : Dorsey Wright & Associates. Point and Figure
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To: OX who wrote (7180)4/9/2000 8:29:00 PM
From: Challo Jeregy  Read Replies (2) of 9427
 
hi OX and Dick- re hilo -

OX, I, too, saw that the hilo (dated 4-6) looks to be inches from reversing down. However, there were more X's added to the charts vs O's on Weds, Thurs and Fri. (see below)

What are these whipsawed indicators trying to tell us?

Wednesday, April 5,
2000

Total Changes on the charts :
2677
Total Buys : 142
Total Sells : 98
Reversals to a column of Xs :
1792
Reversals to a column of Os :
228
Total charts adding Xs: 1989
Total charts adding Os: 688

Thursday, April 6,
2000

Total Changes on the charts :
2350
Total Buys : 211
Total Sells : 74
Reversals to a column of Xs :
573
Reversals to a column of Os :
361
Total charts adding Xs: 1779
Total charts adding Os: 571

Friday, April 7, 2000

Total Changes on the charts :
2097
Total Buys : 239
Total Sells : 45
Reversals to a column of Xs :
447
Reversals to a column of Os :
412
Total charts adding Xs: 1471
Total charts adding Os: 626
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