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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 76.34

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3:48 PM EST

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To: Sawtooth who wrote (16005)	8/13/1998 5:43:00 PM
From: Gerald Walls	Read Replies (1) of 77400

I was wondering more about the horizontal axis; what does each column of x's or o's represent? Each column is a trend. An X column is an uptrend and an O column is a downtrend. A new column is started when the reversal criteria is met. P&F charts don't directly track time like almost all other graphs do, but if you notice in the example that one row had a "7" in it and another had an "8" in it. These represent the start of July and August. (1-9, A, B, C represent the months.)

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