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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: john722 who wrote (41903)2/2/2001 11:27:20 AM
From: donald sew  Read Replies (1) of 42787
 
John,

>>>> a trendline (highs & lows) on the Naz Monthly from 95,
it shows we have some resistance here around 2800 on the upper trendline <<<<<

When I checked the chart from 1995, Im not getting the same reading whether SEMI-LOG or not. I have the lower trendline around 1800, and the upper trendline around 3200 prior to the parabolic move to 5000.

If you are using a trendline which is using the highs & lows, I presume it is a mean? If that is the case then one needs to establish what the buffer is from the mean.
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