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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: bowledover who wrote (942)	8/2/2001 7:52:14 PM
From: Vendit™	Read Replies (1) of 8752

Hi David, Perhaps this is the post you had in mind? Message 16078026 Just so you don’t have to hunt for the stockcharts link to trend lines>>>> stockcharts.com If you are using a wire line modem it will take a few minutes to load all of the gifs that are used in the above illustration. Trendlines can offer great insight, but if not used properly can also result in false signals. Other items such as horizontal support and resistance levels or peak and trough analysis should be employed to validate trendline breaks. While trendlines have become a very popular aspect of technical analysis, they are merely one tool for establishing, analyzing and confirming the trend. Trendlines should not be the final arbiter, but serve as a warning that a change in trend may be imminent. By using trendline breaks for warnings, investors and traders can pay closer attention to other confirming signals for a potential change in trend. i.e. Focal points

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