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

To: Atin who wrote (25193)	2/13/2001 6:03:34 PM
From: Smooth Drive	Read Replies (1) \| Respond to of 34822

Hello Atin, Well first - and I've told you this before, all of us who use P&F charts are most grateful for your work and charts. Prior to your work at stockcharts, the P&F charts they were using were -- well -- uuuuhhh - anyway. Two requests to kick around. 1) My log box's are all different than yours. Those that I create on Excel, always match up with Ben's program (I don't recall discussing this with Ben, but because I have the same numbers as his program, I must assume that his program algorithm is the same as mine). I always start with $.01 and build from there. For instance, if we look at MMM using log boxes of 2.38 your chart looks as follows: stockcharts.com Here's your chart using 1.5 boxes: stockcharts.com Now, here's a dash of Excel numbers, that are also on Ben's P&F program: 2.38 Boxes 120.2466 118.4695 116.7187 114.9938 113.2944 111.6201 109.9706 108.3454 106.7442 105.1667 103.6125 102.0813 100.5727 99.0864 97.6221 96.1794 94.7580 93.3577 91.9780 90.6187 89.2795 87.9601 86.6602 85.3795 84.1177 82.8746 81.6499 1.5 Boxes 122.0503 120.2466 118.4695 116.7187 114.9938 113.2944 111.6201 109.9706 108.3454 106.7442 105.1667 103.6125 102.0813 100.5727 99.0864 97.6221 96.1794 94.7580 93.3577 91.9780 90.6187 89.2795 87.9601 86.6602 85.3795 84.1177 82.8746 81.6499 So - perhaps you'll consider starting all your log box counts at $.01 Lastly, I'm experimenting with a few hand charts using the close only. Now, this is strictly for short term trading. Any chance of adding a close only to your charts? Thanks and take care, Eric