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

To: OX who wrote (25634)	2/1/2002 9:30:26 AM
From: Atin	Respond to of 34810

<g> Actually, I forgot to add one more thing. I hate the damn things and refuse to program them! So much for maturity! ;) -Atin

To: OX who wrote (25634)	2/1/2002 9:59:38 AM
From: Atin	Read Replies (1) \| Respond to of 34810

But since I'm tired of answering why I don't print price objectives (POs) on StockCharts.com P&F charts, I'm going to do a little study this weekend. I happen to have a ChartCraft monthly P&F chart book that has bullish and bearish POs printed on the charts. I think it is from Nov 2001, but not sure - but it is the only one I have and so I figure I am not biasing the test by choosing a date of my liking. I will go over the charts, and look at the Friday's P&F chart for it. If the price objective from Nov 2001 on the book's chart was met before a buy/sell signal (depending on whether the PO was bullish or bearish) was given, I'll mark it as a success, otherwise a failure. If neither has happened by today's close, I will ignore the chart. And I will ignore charts that have had their POs met already by the Nov 2001 date. I'm not promising that I'll still print the POs, even if the test is a huge success (if the POs are a huge success - meaning better than a coin toss - I'd rather no one knew about it and I made all the money instead!) but worth looking into anyway. -Atin