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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST
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To: marginmike who wrote (60286)10/10/2000 2:23:35 PM
From: HairBall  Read Replies (2) of 99985
 
Kaymar Fye and margin mike: Well I think trend lines are equally important. The trick is to draw them correctly. Not always an easy task. I see way to many trend lines drawn with out enough discipline. One can draw trend lines to accommodate just about any personal bias if one does not follow strict guidelines. (Not talking about your trend lines Les...<g>)

Mike I should note the rising trend line I noted back in January would provide support for QCOM did indeed, over six months later...<g>

Regards,
LG
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