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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Paul Shread who wrote (37927)12/12/2000 7:11:40 PM
From: eddieww  Read Replies (2) of 42787
 
Beats me. I can't find any reasonable way to draw a lower TL from 1990 that comes anywhere near 2200. On my log chart there is a distinct bend upward in '95 that forces a choice of data points either before or after. I'd just have to see it, I guess.
A TL beginning at the low of Oct. '90 and ending appr. 2200 leaves most of '94, '95, & '96 below it, from what I can see.
Reference to a "trading channel" would seem to imply some sort of parallel lines? I guess I would have to know the basic rules of drawing one.
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