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Strategies & Market Trends : Point and Figure Charting

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To: Ben Antanaitis who wrote (2368)4/15/1998 8:06:00 PM
From: Dennis J.  Read Replies (1) of 34813
 
Thanks Ben. Is this correct?

The stock is in a column of x/s at 78. Todal the stock rises to 79 1/8 and closes at 75, off 3. You post an x at 79, ignoring the close. Assume tomorrow the stock opens up 2 and closes up 3 at 78. Do you remain in a column of x's, and ignore the close at 75??

Thanks,
Dennis
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