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Strategies & Market Trends : Classic TA Workplace
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To: Paul Shread who wrote (10769)8/23/2001 12:01:20 AM
From: AllansAlias  Read Replies (1) of 209892
 
On lines that old, I only trust weeklies. Too much noise on a daily imo.

Anyway, using both lows and closes (i.e., two different lines), the NDX is right at the line, as you said, maybe a few points above, but again, with lines as old as these, what the heck difference does 10 points make.

Like you, I am not changing the line for the brief and shallow probe under at the April low.

Cheers
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