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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: Compadre who wrote (597)	5/6/1999 11:04:00 AM
From: chartseer	Read Replies (1) \| Respond to of 2103

Hi Jamie! QQQ BP is used in conjunction with the QQQ Point and Figure chart. The big draw back of Point and Figure charts is that the chart is most bullish at the top and most bearish at the bottom. By using a bullish percent point and figure chart in conjunction with your point and figure price chart gives you a better perspective of when the chart is topping out or bottoming out. For instance if the QQQ BP chart was above 70% and reversed to a column of Os or if the QQQ bp chart was below 30% and reversed to a column of Xs. I am sure Eric or Bruce could answer your question much better than I did. Eric, Bruce are you out there? HELP! chartseer