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Strategies & Market Trends : Point and Figure Charting

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To: Hardline who wrote (6936)9/8/1998 6:31:00 PM
From: chartseer  Read Replies (1) of 34811
 
I for one continue with old chart by doubling the prices. I also use new chart from DWA. I keep old chart for old trend lines and old points of reference. That is one reason I didn t like DWA afternoon call of DIS right after split since old chart with DIS prices tripled wasn t as bullish as new chart. Think Earl Blumenthal used to keep old charts going for a while after split too until both charts confirm signals. Service can t do this because everything is computer generated. Thats is how I handle splits but then different strokes for different folks.

Only my opinion and I could be wrong.

Chartseer
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