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Strategies & Market Trends : Point and Figure Charting

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To: Don Pueblo who wrote (17456)4/11/1999 6:16:00 PM
From: d. alexander  Read Replies (1) of 34806
 
When something comes together like that, I think it may be the I-word. I look at 5 minute bars too, & will stay tuned for what they may have to tell me :-) Actually, got my new charting program (TradeWind) going on fri & got onto 1 minute bars. Have been watching mainly trend & volume & you can see the volume falter better in the 1 min. bars. Agree about trusting to your/my own judgement. If WCAP blows 5% past 45 3/8 at the open, it should be back to test (maybe not for awhile) & I make Support (tomorrow) about 44 & 40. Will eyeball that book when next out browsing at Barnes & Noble. What I have thought about Point & Figure is - I still have so much to learn about conventional charting that I'd probably only confuse myself by trying to add that to the overloaded brain. Thanks for your response. Good week to all the piffers.
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