MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: High Country Trader who wrote (14952)	11/2/2002 5:29:10 PM
From: Steve Lee	Read Replies (1) of 19219

"Being a dim bulb, I operate under the belief that rising prices will continue to rise and/or declining prices will continue to decline." Nothing dim about that. What do you use to measure the trend and how do you detect a turn? How can you say what the trend is anyway? As of close of yesterday's after hours session: We are higher than 10 yrs ago We are lower than 1 year ago We are higher than a month ago We are lower than a week ago We are higher than 2 days ago We are lower than at 22:26 yesterday So the trend is what?

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