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


To: Smooth Drive who wrote (24595)1/30/2000 10:55:00 PM
From: Atin  Read Replies (1) | Respond to of 34822
 
I have Victor deVilliers' book -- kind of dated. I haven't read Wheelan's book.

What is the Chartcraft box size? Is that where you go 0.5 points for under 20, 1 point for 20-100, 2 points for 100 and above? If so, I haven't got around to doing this. I haven't mainly because I find it sort of hokey -- I figure if we're talking human psychology, nobody just starts thinking "oh we went from 99 to 101, should thinking in 2 point boxes". If we're talking something more technical, a percentage based box size might be more appropriate, and I am going put this out sometime soon.

What I want to do is make the charts based on percentage moves -- each box being 3%, that sort of thing.

Anyway, I will put up a chart of AOL and MSFT -- 1 point per box for AOL, and 1 point for MSFT even though the price went above 100. Right now the Quote.com servers don't seem to be giving tick data but are giving me 1 minute data. I will wait some more and hope they'll cough up the data, otherwise I'll just put up a 1 minute chart for both.

-Atin