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


To: faqsnlojiks who wrote (289)5/17/1999 6:25:00 AM
From: Ben Antanaitis  Read Replies (2) | Respond to of 322
 
Joe,

From a 'pattern' perspective, a regular triple top takes just 5 columns to form ie it takes three columns of X's with two enclosed columns of O's, and a spread triple top takes six or more columns to form.

In addition, a spread triple top has more upside potential, statistically, than a minimal regular triple top. This can be seen if you are doing a 'horizontal' count price objective ie the spread has more columns and hence a greater PO than the plain triple top.


An example of a 'regular' or 'plain' triple top:
X
X X X
XOXOX
XOXOX
XO O
X



An example of a 'spread' triple top:
X
X X X
XOX XOX
XOXOXOX
XOXOXO
XO O
X


ok?

Ben A.
ez-pnf.com



To: faqsnlojiks who wrote (289)5/18/1999 7:09:00 AM
From: wizzards wine  Read Replies (1) | Respond to of 322
 
Morning F... I see that Ben has given an excellant example...so I'll leave it at that ...

Good Trading

Preston