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


To: Tammy DeRosier who wrote (19377)4/30/1999 11:44:00 AM
From: papi riqui  Read Replies (1) | Respond to of 34811
 
Tammy
At what level does the 5 pt. box chart become most useful? I'm thinking of MSPG, which on the 1 and 2 box charts shows a DBB sell signal (with a reversal into Xs based on today's action), but the 5 box chart shows no DBB but a nicely forming triangle with the beginning of a possible move back up into Xs on today's activity. What do you think?

PR



To: Tammy DeRosier who wrote (19377)4/30/1999 12:24:00 PM
From: Judy  Respond to of 34811
 
Thanks for the read, Tammy. CMGI's uptrend remains intact until 210-213 and should generate alternating buy/sell signals while it coils.