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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (7783)9/25/1998 8:48:00 AM
From: stan s.  Read Replies (1) of 34808
 
Quick question Jan. Can a P&F buy signal be generated by the
breaking of a downtrend line only. VTSS as an example, in this
chart if and when it pulls over 31 or so is that enough...or
does it need to break the 33 or36 mark....or none of the above?
geocities.com

Was that a sell signal, where I placed the white arrow...as the
bottom broke below the higher bottom configuration that had been
in place?

Please just say A. "yes, yes you're right" or B. "No, no..you really are
kinda stupid aren't you?"

Ummm, but if it's B....just put B. okay...thanks...I have a reputation...
not a very good one but still...

By the way this chart is a 3 reversal amount with highs and lows...is that proper....?

Really Jan...I can dig through past explanations....I just wanted
another tool when I drop in to bor....I mean enlighten a thread.
You know, kind of spread it around a bit.

Do not go to a great deal of trouble....

Stan
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