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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Dan Duchardt who wrote (33835)10/23/2000 9:28:54 AM
From: Paul Shread  Read Replies (1) of 42787
 
Great post, Dan. My question is, is there a trendline that is long-term sustainable? I suspect the 1994 linear SPX trendline at about 1200 is, because by definition returns will get lower as the line gets higher (e.g. all 100-point moves are treated the same, whether it's from 500-600 or 1100-1200).
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