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Strategies & Market Trends : Point and Figure Charting

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To: Ben Antanaitis who wrote (926)2/20/1998 1:21:00 PM
From: bobster  Read Replies (2) of 34814
 
Wow, thanks big, but could you talk a little slower. Waveforms on oscilloscopes. Whew. I had to read it a bunch of times. Just to make sure I understand, you concur that using a 3 box reversal is the way to go? And as far as 2% vs. a fixed box size, you vote for 2%. It seems like 2% is more logical to me also. But did I understand you correctly, that it doesn't make much difference in the chart pattern? You also seemed to imply that traditional charts are needed for support and resistance lines. Why? Traditional...I assume that is a fixed box size chart. Am I right?

Thanks again,

bobster
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