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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (77752)	7/22/2003 12:25:20 PM
From: AllansAlias	Read Replies (2) of 209892

Riiiight. Bears always see the overhead resistance. They always look for what will be next to stop price. They are misguided. In an uptrend, resistance always falls until it doesn't anymore. Resistance is just fodder for the trend. On the way down, and I remember this very well over the last few years, the bulls are always looking at the support. You make an excellent point. They are not asking the most important question -- "Is this trending?".

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