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

To: Ben Antanaitis who wrote (9294)	11/5/1998 10:37:00 AM
From: Al Serrao	Read Replies (2) \| Respond to of 34811

Ben, I appreciate your study of IOM.But on those few occasions when we have massive volume it changes everything. There is something big going on we can only guess about. Thanks for your help.

To: Ben Antanaitis who wrote (9294)	11/5/1998 11:51:00 AM
From: wizzards wine	Respond to of 34811

Morning Ben, Thanks for helping with the IOM vertical count, I did not wish to interject as I could not remember the value, or the cutoff for below $5...is, DOES IT go to 5 or 4.5 before we change to .5 for the box size... I usually check in Tom bible :-) but it's not with me on the road and I normally do not get involved in issues below $10.. Thanks again, Later Preston

To: Ben Antanaitis who wrote (9294)	11/5/1998 12:09:00 PM
From: iGregor	Read Replies (1) \| Respond to of 34811

Ben, sorry, but I don't see how the approach(es) you outline simplifies matters. I'm trying to get away from all the (X-Y+Z)3(1/4 or 1/2 or 1 or 2) machinations, to develop a more streamlined/straightforward approach which gets to the same number. I think I've done that, although, to add to the confusion, my earlier post was in error. I'll fix that a bit later. For now, I'm curious why you use the sell signal bottom ($3 in the case of IOM)? Page 24 of Dorsey's book says to use the bottom of the column of Xs which constitutes the buy signal column ($4.25 in the case of IOM). Tx, East