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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (100865)	7/7/2004 8:21:34 PM
From: ajtj99	Read Replies (1) of 209892

I agree. On my annual BRCM chart, if you connect the lows in 2002 and 2003 there's a clear uptrend that is not breached until BRCM is below $21. That's the advantages of using the annual charts. You can see the really really really really really really big picture. <G> Again, before trading this apparent uptrend long, I'm going to wait to see this uptrend confirmed on the annual chart by the 50SMA moving above the 200SMA. I think that's really the only prudent way to approach this inherently risky market. Don't you agree?

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