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Strategies & Market Trends : The Rational Analyst

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To: HeyRainier who wrote (450)	3/14/1998 1:36:00 AM
From: Scott H. Davis	Read Replies (1) of 1720

[QSNDF inquiry] Rainier, I'm getting interested in QSNDF. If you have any files, please send. I'll read back posts and whatever else I canfind. Only problem, I'm pretty bullish on just about everything I hold. In the meantime, I looked again at the ISIP example and determined you must have choosen the high point since it was the highest point within the last 52 week period. Is the use of a 1 year period for drawing long term trendlines common? If so, I guess that could become a small componant of market psychology. I you use a year as a norm, when is there merit in also looking at longer or shorter periods? Anyway with ISIP, it had been gaining ground slowly but consistantly, then once it crossed the declining trendline from last fall, it rocketed up on strong volume but no apparant new news. Still bullish on the sector, let me know what you think Scott

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