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Isn't P&F similar to buying a breakout of the highest high and staying in it
until you get a break out of the lowest low. I know you chart the X's & O's
and time is ignored, etc., etc. but how is point & figure different (in it's
trades) from buying , say the high ot the last 20 days and then selling the
low of the last 20 days - kinda like the Donchian system of the early '80's.
Do you draw those 45 deg. lines for support?
Best regards,
Jerry Rehert
August 29th, @ 05:19 pm
Check My WebPage-UPDATED 8/26/98:
http://members.aol.com/grehert/
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