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


To: Jorj X Mckie who wrote (24445)11/19/1999 1:41:00 AM
From: faqsnlojiks   Read Replies (1) | Respond to of 34826
 
I think we read "gaps" a little differently. When I see a column of O's pull back to the previous high (which happened at 32), that's what I consider "filling the gap". If it were to pull back all the way to 29, it would break that double bottom when it crosses to 32, and I would be stopped out.

Could you explain how you come up with 29? Thanks.

-Joe