Welcome to the XOCharts.com discussion group. You're encouraged to ask Point and Figure questions, XOCharts.com related questions etc. And you're also encouraged to answer other user's questions, add to other people's answers etc. Thanks to Philip Greenspun for creating the software for the message board. -Atin

-- Atin Malaviya (atin@xocharts.com), July 08, 2000

Answers

Very nice site Atin. Congratulations and thankyou for making it available. There is much to look at and digest. Regards David

-- David Jones (davidj@iinet.net.au), July 08, 2000.

Thanks David. Keep looking out for more stuff as I get more time to develop extra features now that the basic stuff is working.

-- Atin Malaviya (atin@xocharts.com), July 09, 2000.

This is great stuff Atin! You must have too much free time. I look for 18o's. Anybody have any criteria they use to determine whether they bounce back quickly and how much?

-- Larry McLaren (larry@sarasota4sale.com), July 10, 2000.

Larry, free time?! I am hoping that one of these days I'm going to get a good night's sleep!

As far as 18os, I don't buy the first reversal . . . I prefer to see a breakout to confirm the bounce before i take a position. Maybe others have some better ways of playing these.

-- Atin Malaviya (atin@xocharts.com), July 10, 2000.

Do you wait until it goes down again or do you buy when it hits a certain level going back up? I know there has to be very good money here its just figuring out which ones go and which ones don't. Any thoughts here would be appreciated.

-- Larry McLaren (larry@sarasota4sale.com), July 11, 2000.

18os

For me it depends on the type of market we're in. I usually buy after the first breakout, when it starts to come back down to retest. You get a closer stop that way. If it flies away, it flies away . . . but I usually don't play 18os unless I actually like the company and where the fall is just something news related. I don't normally try to catch bottoms on falling knives.

-Atin

-- Atin Malaviya (atin@xocharts.com), July 11, 2000.