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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Teresa Lo who wrote (26773)	9/23/1999 12:20:00 PM
From: Dominick	Read Replies (2) of 99985

ISpec: <<On the daily chart, AOL is technically sideways within a trading range>> Sideways?? Since its high on 4/6 AOL has been in a downtrend channel. If from measured from 7/12, its still in a downtrend channel. And if measured from 8/27 still lower highs. All within the the originally drawn trend lines. I guess the question is how far back do you go when plotting the daily trend lines? Dominick

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