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

To: Gwolf who wrote (9753)	11/17/1998 6:31:00 AM
From: Bwe	Respond to of 34808

GWolf, See my response to Judy. Michael Burke adapted the bar chart concept of Buying and Selling Climaxes and stripped it down to it's essential element of a new 52 week high/low and a close with a loss/gain for the week, with a consideration of large volume also taken into account. The Chartcraft BC/SC do not fit all the classic parameters of bar chart BC/SC's, however, after years of observing stock movement after they've been identified by Chartcraft as climaxes, I'm comfortable using them in my p&f work. Take care, Bruce