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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (3773)6/17/1998 11:14:00 AM
From: Challo Jeregy  Read Replies (1) of 34811
 
To Jan and thread . . .

As per the NYSE BP chart yesterday, 3 more O's for Bear Confirmed.

Let's just say that the Dow closes up over 200 today. Does that reverse the trend and add 1 or 2 X's to the chart? (I don't have the guide immediately handy that shows the pricing breaks for the # of X's and O's to be added).

Sorry for my novice questions.
Challo
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