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Strategies & Market Trends : Classic TA Workplace
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To: The Freep who wrote (10772)8/23/2001 7:52:36 AM
From: AllansAlias  Read Replies (1) of 209892
 
Well, it's already had one test on the line, so I would give this test less than a 50% chance of holding. Mind you, it would not be so odd for us to break it hard only to close a week back at or just above it. It's the weekly I care about for these.

Here's an old chart showing how COMPX treated the 1990 trendline. Mind you, we were in a brutal down move at the time.
geocities.com
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