|
PureBytes Links
Trading Reference Links
|
Joe
For stocks the most commonly used box reversal ratio is 1:3
For the ANDW issue use a 1/2 pt box size and a 3 box reversal to $20/share
then use a $1 box size with a 3 box reversal.
To learn more there are several resouces for you:
Buy Tom Dorseys Book on Point and Figure charting. See his web site or
search Amazon.com
Learn to use P&F methods to analyze the stock market. BIG HELP.
Visit Dorsey Wright and Associates web page (read the book first to get the
most from your free trial). Get the two week free trial and learn .. learn
.. learn. You can subscribe to that site for individuals at $25-$35 per
month. For Broker dealers there is more info and it much more expensive.
http://www.dorseywright.com/
Discussion thread on Silicone investor at:
http://www.techstocks.com/~wsapi/investor/Subject-5671
or Yahoo club at:
http://clubs.yahoo.com/clubs/pointandfigure
I use P&F for stocks so if you want other help I'll be glad to try.
Greg
|