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

To: Ms. X who wrote (18400)	4/19/1999 9:30:00 AM
From: Quest	Respond to of 34811

The thought on my mind is that : Based on the column of X's that gave the buy signal after the last sell signal, the PO is 18 + 22=40. So with the stock at 34 and change the upside is about 6 points. If this is the PO, then it the only way to play this is to trade it with a tight stop at 33 (double bottom break) for a favorable risk/reward. Not trying to be a pain. Just inquiring if you read SIEB the same way I do. ---- Jans comments on SIEB You can count it. Take the column and count the X's. Times by 3 for the reversal method and then times by box size (in this case one). Add to the bottom of the X's and viola!