[RT] Re: [MedianLine] P&F is where it is

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

Correction, I had forgotten overnight that the 
Point and Figure configuration resolution had been changed from 1 tick to 1 
minute.  That compressed the 7 tick O's at the 947 level and changed the 
picture.  Changing it back to 1 tick in the format symbol fixes it.  
Thanks to Clyde for refreshing my memory.
 
bobr
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  BobR 
  
  To: <A title=MedianLine@xxxxxxxxxxxxxxx 
  href="">MedianLine@xxxxxxxxxxxxxxx 
  Cc: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Thursday, March 13, 2003 6:02 
  AM
  Subject: Re: [MedianLine] P&F is 
  where it is
  
  Problem with point and figure charts in TS2000i 
  is they redraw with significant changes.  Yesterday the low identified by 
  the #7 had 7 red O's at the same level and this morning only 1 "O".  
  Note, both charts for comparison at the 945 to 950 region. (ESPNF.gif is 
  labeled wrong and is actuall the NQPNF)
   
  bobr
  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Clyde 
    Lee(SBCY) 
    To: <A 
    title=swingmachine@xxxxxxxxxxxxxxx 
    href="">swingmachine-list 
    Cc: <A title=MedianLine@xxxxxxxxxxxxxxx 
    href="">MedianLine@xxxxxxxxxxxxxxx 
    
    Sent: Wednesday, March 12, 2003 3:29 
    PM
    Subject: [MedianLine] P&F is where 
    it is
    I'm convinced in my mind that we should not be looking 
    atthe conventional time price bars in measuring market 
    activity.BobR likes constant range measurements.  I like Point 
    andFigure measurements.Attached is a Hurst analysis of 
    the    QQQ   using (.03x5) P&F.This 
    look goes back to November and there seem to be lessfalse signals in 
    this approach than in conventional time/price.Clyde- - - 
    - - - - - - - - - - - - - - - - - -  - - - - - - -Clyde 
    Lee   
    Chairman/CEO          (Home of 
    SwingMachine)SYTECH 
    Corporation          email: 
    clydelee@xxxxxxxxxxxx  7910 Westglen, Suite 
    105       Office:    (713) 
    783-9540Houston,  TX  
    77063               
    Fax:    (713) 783-1092Details 
    at:                      
    www.theswingmachine.com- - - - - - - - - - - - - - - - - - - -  - - 
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