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Strategies & Market Trends : Point and Figure Charting

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To: Tammy DeRosier who wrote (19377)4/30/1999 11:44:00 AM
From: papi riqui  Read Replies (1) of 34811
 
Tammy
At what level does the 5 pt. box chart become most useful? I'm thinking of MSPG, which on the 1 and 2 box charts shows a DBB sell signal (with a reversal into Xs based on today's action), but the 5 box chart shows no DBB but a nicely forming triangle with the beginning of a possible move back up into Xs on today's activity. What do you think?

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