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Strategies & Market Trends : Point and Figure Charting
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To: Dennis J. who wrote (2367)4/15/1998 6:23:00 PM
From: wizzards wine  Read Replies (1) of 34813
 
Hi David, I'll try to illistrate the vertical count method using AFCI.

You plot a new X going up from the highest whole number in the 20 to 100 price range.

Let's see if I can get a plot of AFCI without killing my self...

| X
41 X O * | X
40 -------------X O ----* ------------------+---------------X --X ------------
39 X O * | X O X
38 X X O * | X O X
37 X O X O X * | X O X
36 X O X O O * | X O X
35 -----X --X O --O X O ----------* --------+---------------X 4 --------------
34 X O 9 O X O X * | X
33 X O X O O B O * | X X
32 X X 8 X O X X O X * 1 X X O X X
31 7 O X O X O O X O X O * X O X O X O X O X
30 - O X O ----------O X O X O X --X O ----X O X O X O X O X --* ------------
29 X O O X O O X O X O X X O X 2 X O X *
28 X O X O X O O X X O X O X O X 3 *
27 X O X O X O X O X O X O X O O *
26 X O X O X O X O X O X O X *
25 -X ----------------O ------O --O X O X O | O X count x's up --------------------------
24 X * O O X * O sell signal
23 X * O X * | *
22 X O *
21 5 * *

It's not perfect but I hope you can follow me, I'll never try that again and after this the wine getts OPENED!!!

Now, after the sell signal at 24, go to the next column of X's to the right and count up. I believe there are 8 boxes. Multiply these 8 times a factor of 3 or 8 x 3 = 24... then go to your sell signal, the O at 24 and add this to the sell signal value... 24+24=48

Got it now??? I hope so as those dam X's and O's will not stay lined up properly, one little slip and they are all over the place.

Sorry it took so long.

Hope that helps

Later
Preston

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