SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ms. X who wrote (8393)6/14/2000 12:02:00 PM
From: Tulvio Durand  Read Replies (1) of 9427
 
... It's always the top X that carries the BRL ...

I like that as rule better than book's "BRL is drawn by moving to the left of the last buy signal and going to the first wall of O's." Unless am interpreting incorrectly, the book rule doesn't work in the FLC example discussed earlier. By going left, there's no wall of O's encountered. Perhaps that means that BRL extends to the left of the top X going upward towards infinity?

Tulvio
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext