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Strategies & Market Trends : Point and Figure Charting

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To: Jerry Olson who wrote (10475)	11/30/1998 12:28:00 AM
From: Dennis J.	Read Replies (1) of 34817

OJ. Thanks for the read on DELL. I respect your judgement here. (Is there anybody on this thread who doesn't?) P&F does say the jury is still out on the next move for DELL. I just see some negative signs, like relative strength in a column of O's, and the Alert for momentum switching to negative. RS in O's for the first time since 1995, as far back as the data goes. Be assured that candles are NOT indicators. Just another way of plotting OHLC, but definitely easier on the eyes. Easier to visualize multi-day movement patterns, too. Nothing more. If you try them for a while, I predict you won't switch back, ever. Dennis

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