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

To: Atin who wrote (25287)	3/18/2001 11:01:58 AM
From: Dominick	Read Replies (1) \| Respond to of 34811

Haven't read it - would you care to summarize/give your opinion? S&C, April 2001, Page 40, High Probability Point And Figure by Joe Demkovich . "Many chartists using point & figures want to be able to reference time, even though it is not a part of the analysis.." ".......Another style is to post the day of each month instead of X's & O's to provide the chartist with a concurrent tracking of time." Example: 30 4 4- 5- 9 4 - 5- 9 3- 5- 9 3 - 6 - 9 25 3 - 6 - 9 3- 6 2 2 2 20 2 Sorry for the dashes, I couldn't get the numbers to line up properly. I think the reference of time and the ability to observe daily trends is an interesting concept and another tool for the chartist. This may be of use for those who day and swing trade. Dominick