The two charts illustrated above are so-called point-and-figure charts, which are quite different from the more simple bar-charts, of which we printed an example in our financial review on August 19. In point and figure no entry is made on the chart unless there is a change in price. This is entered in the same vertical column with a X. A new column is started when the trend in reversed, marked with 0.
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Bibliographic details
Press, 9 October 1982, Page 21
Word Count
73The two charts illustrated above are so-called pointand-figure charts, which are quite different from the more simple bar-charts, of which we printed an example in our financial review on August 19. In point and figure no entry is made on the chart unless there is a change in price. This is entered in the same vertical column with a X. A new column is started when the trend in reversed, marked with 0. Press, 9 October 1982, Page 21
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