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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: chartseer who wrote (20575)	8/15/1998 6:01:00 PM
From: Doug R	Read Replies (1) \| Respond to of 79273

Chartseer, Would you use a 1/4 point box size on a $30 stock? It seems that using 1/4 point regardless of the price might be somewhat arbitrary. I realize you've had scads of experience with P and F, I'm very curious about any detail you can provide. Thanks again, Doug R PS, the method using 10% of the most recent breakout price more often than not coincides with price trend line analyses and is best used for a long term (9+ mos.) horizon. When that method signals a sell, it's a sell (using the maintenance of a 45 degree P & F chart uptrend rule of thumb). Also, since pure P & F does not take timing into account, I only use it for long term decision making.