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Strategies & Market Trends : Point & Figure - Beginners (Real Green) -- Ignore unavailable to you. Want to Upgrade?


To: Ms. X who wrote (69)12/28/1998 7:03:00 PM
From: Eric Appleby  Read Replies (2) | Respond to of 322
 
I have a question about the charting methodology.
For ex., stock XYZ is in a column of X's at 45. Tomorrow it hits a daily high of 46, but then closes at 41 after bad news. My understanding is that the chart for that day would merely involve putting an X in the 46 box.
Isn't there a danger of missing key reversal days?