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


To: Casaubon who wrote (23804)9/25/1999 1:13:00 PM
From: arno  Respond to of 34809
 
On the standard chart, the alert is given because the column of X's went through the Bearish Resistance Line (BRL), thereby reversing it's trend to positive.

On the 3 box chart, the column of X's won't penetrate the BRL until the price is 120. Even though the 3 box chart gives an alert, thats a carryover from the standard chart and should be ignored.

arno