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

To: Hardline who wrote (1273)	10/23/1999 7:25:00 PM
From: feewaybill	Respond to of 9427

Hi Hardline, For the Vertical Count on CSCO I'm going with 88. I have a hard time with these, but I think we use the first buy signal after the last sell signal. So I think we use the column of X's with the "A" in it. So 7 X's times 3 equals 21 times the box size of 1 equals 21. Then 21 added to the bottom X at the 67 box (21 plus 67) equals 88. Let's hope Jan will give us the right answers tomorrow....Bruce

To: Hardline who wrote (1273)	10/23/1999 7:59:00 PM
From: Lost1	Read Replies (1) \| Respond to of 9427

I am curious as to when the OLD count becomes obsolete as well. Does a sell signal negate the old count?

To: Hardline who wrote (1273)	10/25/1999 12:50:00 AM
From: Ms. X	Read Replies (3) \| Respond to of 9427

With a stock that has created a base I find that the horizontal count is better. If though, it pops out of the base with a possible verticle count (which would mean that pop would have to be after the sell signal of course) than the vertical can be used. For CSCO both of the counts can be used as such: For a base count (which I think is best because of the obvious base here) You have the required 5 columns to count from the width. 73 X X 72 X O X O 71 X O X O 70 ---------------X --X O X --A O X 69 X O 9 O X O X O X O <--Count the columns here. (10) 68 X O X O X O X O X O 67 X O X O O X O X O 66 X O O O (10)(3) = 30 30+ 66 = 96. 96 is the horizontal count. The vertical count doesn't really seem appropriate since it is mostly a base pattern here and no real pop from a sell signal. But... 73 X X 72 X O X O 71 X O X O 70 ---------------X --X O X --A O X 69 X O 9 O X O X O X O 68 X O X O X O X O X O 67 X O X O O X <--Count this column. (7) 66 last sell signal here--> O O (7)(3) = 21 21 + 67 = 88. My guess is that when CSCO pops from this base the vertical will resemble the horizontal more. But you can use the two together and have a price range between 88 and 96.