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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (21816)6/25/1999 6:51:00 AM
From: Dave Shares  Read Replies (1) | Respond to of 34812
 
Hi Jan.

I did send the email to Sue regarding OMPT.

But I think I answered my question,
by re-reading an early section of
the book.

OMPT broke the BSL, but did not generate
a sell signal when the BSL was violated.

When DWA made the OMPT recommendation,
OMPT had generated a buy signal
(triple top break).

Let's see if the answer I get from Sue
is similar to what I just wrote.

I finished the book last week and I
have started re-reading the early
chapters on supports, patterns, etc.

Jan, I have another question:

Is there any significance to a chart
where the BRL and BSL converge, has
anyone found that a signal in either
direction will be any stronger.

If this question isn't clear, I'll
take more time to explain another
time.

Best wishes always,

David