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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (1876)	3/19/1998 8:11:00 AM
From: Mr. BSL	Read Replies (2) of 34802

Hi Jerry <Vert count> Somebody please jump in if I missed something. Here goes- SGP - Previous column of X's - 72 to 78 Previous column of O's - 77 to 72 Current column of X's - 73 to 85 Current column of X's exceeds previous column of X's at 79 Vert count = (79-72) times 3 plus 72 = 93 Vert count (target) minus buy signal (93 - 79) = 14 Current move above buy signal (85 -79) = 6 Actually, 86 would be halfway to vertical target. Best Regards, Duke

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