SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?


To: Quest who wrote (298)6/7/1999 11:21:00 PM
From: Talib  Read Replies (2) | Respond to of 322
 
Q, Thanks for your response.

I think, if the objective is already achieved, then should'nt we take the second buy signal which is column of 'X' from 25 to 31 and with that PO will be:
Number of boxes = 7
Box size 1
# of boxes for reversal = 3

PO = 25+(7*1)*3 = 46

Correct me if I am wrong.

I am reading P&F book by Carroll Aby, which Ben recommended and according to that Vertical Count PO is good for Long term Projections and Horizontal count is used for intermediate period.

I hope if Ben is reading this and may he can inject his thoughts on this.

Talib