Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerry Olson who wrote (4952)	1/19/2000 11:58:00 AM
From: Atin	Read Replies (1) \| Respond to of 9427

OJ, it isn't just the streaming, I need history too -- just getting spot quotes isn't enough to create charts. But I have some ideas I'm working on. I'm assuming you meant me when you said "bright young guy"! :-) -Atin

To: Jerry Olson who wrote (4952)	1/19/2000 1:55:00 PM
From: Tommy Dorsey	Read Replies (2) \| Respond to of 9427

The problem with real time P&F is that you don't know if a move will be taken into consideration by days end. Lets say xyz is 100 and in O's with the last box at 100. The stock opens up and trades up 10 points and then settles back down and at 3.30 it hits $99. The chart would show only another O at 99 and nothing on the 10 point reversal. LEts say the stock went up 6 to 106 then settled back to 100 then rose back to 108. That would be a double top buy signal, but at days close it settled back to $99. No buy signal would show and only an O would show at $99. So you never know until the last sale how the chart will play out. Now if you had a one hour update like one hour was one day that woudl be a different story. T