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Strategies & Market Trends : Point and Figure Charting

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To: Don Pueblo who wrote (18188)4/15/1999 10:33:00 PM
From: Iceberg  Read Replies (3) of 34816
 
>PnF does not ignore time. It discounts wasted time. There is a difference.

TLC,

I can't follow that line of reasoning. It's over my head.

All I know is that I've never seen a PnF chart that showed a time component. So as far as I know, time is completely ignored in PnF charts...especially if it's not there at all. A chart shows what a chart shows. No more. No less.

In addition, I've never seen a PnF chart that showed "wasted time", or "discounted wasted time" either. Sorry, I just don't know what you are talking about.

Ice
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