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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (4212)	6/29/1998 7:19:00 AM
From: Mr. BSL	Read Replies (1) of 34809

Preston, The vertical count in this discussion applies only to the DJIA charts, not the NYSEPB chart. You are correct, nobody uses vertical counts on the %Bullish charts. I figure that if the DJIA vertical count target is down in the 9100-9400 area, then a falling NYSEPB condition would make it more likely that we will hit the low target area then, if say, the NYSEPB was rising. Sorry for the confusion. Great job tracking stocks in the contest. later, duke60

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