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I just started to learn this and I'm a little confused. I chose 2 for
the number of boxes and a value of .5.
I'm using the values that are in Point and Figure charting by Carroll D.
Aby
$0-$5.........25
$5-$20........50
$20-$100.......1
Below is a chart of ANDW, I think I'm using a 1 point reversal. (2*.5=1)
Looking at the chart 11 was the low and the stock has risin upto 13
today. Shouldn't there be a new column of X's?When the stock hit 12 I
thought there should be an start of an X? And with today the stock hit
13, should there be an X also?
Any help would be great or if someone has better short term values that
would be great to.
Thanks,
Joe Frabosilio
Attachment Converted: "c:\eudora\attach\Andw.gif"
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