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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Smooth Drive who wrote (5761)	4/30/2002 7:42:22 PM
From: Atin	Read Replies (1) of 5893

At the time the chart was made on 3/8/2002 - the column high was at 18.50, which is also the box where the trendline ended. The choice was to draw the trendline or not at that box. Since the line wasn't penetrated yet (which would happen when the column got to 19), I had a choice. Either decide that the BRRL was complete and start a BLSL, or continue the BRRL. I decided to continue the BRRL - which meant moving it up tentatively since I couldn't overwrite the column's X. It turned out that the column kept going up and so there was a real break of the BRRL at 19 and I removed the tentative BRRL and instead started a BLSL below as you see in the next chart from 3/11/2002. The point is that every column has either an active BLSL or a BRRL. At the point of the touch at 18.50 I couldn't end the BRRL so I moved it up by one row tentatively. I decided that this was a better way to show that we still have a bearish trendline than not drawing anything at all for the column. -Atin

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