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

To: Backfill who wrote (4411)	7/4/1998 12:25:00 PM
From: wizzards wine	Respond to of 34812

Hi Jeff, You'll get the hang of it but just keep in the back of your mind... X's go up and you look for the high of the day... O's go Down and you look at the Low of the day... NOTHING ELSE MATTERRS in P&F!!! You will probally want to look at your ranges and change them to the following ie.. $0-$5 box size 1/4, $5-$20 box size 1/2, 20-100 box size 1, and greater than 100 box size is 2.. This will scale you charts to what the average P&F chartest is looking at and talking about... Love Amazon.com got my book there also.. Later Preston

To: Backfill who wrote (4411)	7/4/1998 12:42:00 PM
From: wizzards wine	Read Replies (1) \| Respond to of 34812

Jeff, I'm confused??? DELL at 84??? The last part of the chart should look like this and end in a column of O's... if it reverses into x's a high for the day of 96 < would give a double top buy 95 x x 94 x o x o 93 x o x o 92 x o x o 91 x < a move to here would 90 x be given by a low of 89 x day being 90 even and 88 x give a double bottom 87 x sell 86 x 85 x and it should definately not be in a row of x's on the right column. Preston