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

To: Atin who wrote (5297)	1/23/2000 10:43:00 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 9427

Hi Atin.... most of us would be at sea???? hahahahahaha...well all you SPOOO guys are on a rollarcoaster each day anyway<VBG>... but, what your saying is simply not right... if DWA took the date/month/year off the chart it would NOT affect me...why??? because i do not trade time!!!! i don't care what day it is..i am waiting for an "action point" on the chart to place another X or O... i could trade/invest/position/swing/daytrade and "chart" without TIME involved at all...i don't care what TIME it is, today, an hour ago, or tomr...means ZIPSKI to me... example..a stock is at 30....in a column of X's...we all know for the stock to move into O's it would have to print 27...Atin...it has NO bearing on TIME..only on PRICE... i don't care WHEN it occurs, just that it DID ocurr...it then MAKES me take ACTION... so being an astute P&F chart reader..i would not need any dates anywhere on that chart to trade, or to make any buy/sell decision as to any specific stock... it's the "action points" that i trade along with the chart pattern..PERIOD... as far as QPnF??? you're talking about a horse of a completely different color...this is all related to TIME/PRICE/and PATTERN moves with in a given chart... it;s really no different than any OTHER TA Indicators you or Patrick uses in the daytrading vein...QPnF is like a visual moving indicator... so TIME "IS" a major factor for futures trading/daytrading etc... but in the PURE sense of P&F..is has NO relevence whatsoever... In fact Atin..i could daytrade with out time, by using JUST PATTERNS alone... anyway..this has been fun huh???