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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (13215)2/6/2002 7:08:19 AM
From: Oral Roberts  Read Replies (2) | Respond to of 23786
 
I'll take a stab at the PO on Gold at 316. Been awhile since I did one so Lost1 needs to confirm.



To: Jorj X Mckie who wrote (13215)2/6/2002 10:24:39 AM
From: Lost1  Read Replies (2) | Respond to of 23786
 
Hmmmm PO for gold....that 4 box chart has me...

We have 7 Xs on our buy sig column

3 box reversal

so

7X3=21

since we're using a 4 box chart we need to work that into the equation

21X4= 84
ad that to our bottom X in the buy sig column and I get

260 + 84 = 344 for a PO..when I figure it an alternate way I get 340

perhaps oral's number is correct and I botched the 4 box consideration, but I think that is correct