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Strategies & Market Trends : P&S and STO Death Blow's

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To: ajtj99 who wrote (21116)12/22/2002 10:39:41 PM
From: LTK007  Read Replies (2) of 30712
 
I know it may be painful for you:) But i see NO reason for the 1346.
I quote thresholdtrading as i also believe in low volume you get random ups and downs as the trading houses churn.
The line Jorj drew was the only line that has a case.
I ran a 3-year look at 55dma, and this was the only time i saw it has a dead-on bounce point.
We have only one hard support line here and it is 1319/1320.
Mid-air bounces most likely be arbitary action done by trading houses perhaps just to confuse TAers.:) Max
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