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

To: Atin who wrote (24843)5/19/2000 11:17:00 AM
From: Lost1  Respond to of 34808
 
Atin, this is probably a bastardized version of POs. I'm just pointing out that , to me, when we have a reversal up and then back down to a much higher low it should be taken into account where the sell signal ,which caused the beginning process of formulating a new PO appeared. IN the case on MDT it was only 5 points, but on some charts it can be 20 points..this creates an undeserved and much too high PO IMO.
Better to err on the side of conservatism
Keep up the good work..Don't change your PO calculations based on this

Adios,

Kirk



To: Atin who wrote (24843)5/19/2000 4:18:00 PM
From: Lost1  Read Replies (1) | Respond to of 34808
 
Atin, I showed your program to a few people and they are very impressed. It's extremely easy to use for anyone..even idiots like me..

Excellent

Expect numerous downloads over the weekend


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