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: Atin who wrote (5243)	1/22/2000 1:58:00 AM
From: Kona	Read Replies (2) \| Respond to of 9427

OK my turn, without the benefit of a Martini or a shot of the good Irish whiskey. What I think is being stated by "time not being a factor" is that it is not the basis for the X axis in the charts, change in price that leads to a reversal is. Now we have to deal with the notion of change without an expression of time. That, I need a drink for.

To: Atin who wrote (5243)	1/22/2000 2:48:00 AM
From: Jorj X Mckie	Respond to of 9427

OK, I'll concede on that.

To: Atin who wrote (5243)	1/22/2000 12:19:00 PM
From: wizzards wine	Respond to of 9427

Atin, A fine and succinctly worded piece on time and P&F, and one I fully agree with the view. Later Preston My My a grub at 5252 also<<<g>>>

To: Atin who wrote (5243)	1/22/2000 12:23:00 PM
From: Tommy Dorsey	Read Replies (1) \| Respond to of 9427

ATin, time is not taken into consideration in our P&F charts as they are not necessarily updated each day as a bar chart must be. The P&F chart in its classic form may not be updated for 6 months if the moves area not significant enough for a box change or reversal. The bottom axes of the chart only has the years labeled as a general informational item as are the months of the year when placed in the chart, only secondary general information of limited interest. Although the high and low is evaluated each day to determine if a significant move has taken place, it is the move itself not the time that is the factor. T