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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (150)9/8/1999 12:27:00 AM
From: Patrick Slevin  Respond to of 9427
 
< DWA uses a three box reversal as a standard. As far as the box size, the larger the box size the longer term the trend. So if you are trying to get a little bit more granularity on buy and sell signals you would use a smaller box size. If you decrease it too much it could get pretty noisey though.>

Got it.......been reviewing today's action using a 1 Box which seems to fit rather well. Particularly on a day like this which had rather tight action. Perhaps, depending on the flow, it could be greater but that's going to take some time to get a feel.

Thanks for all your and everyone else's help. At least at this point I feel like I have an idea of what I'm looking for. Some of this is coming back to me out of the past as well so I'm happy with where I am at this point. Now I just have to test it out for a few weeks.