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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: Vendit™ who wrote (6910)3/22/2005 6:51:43 PM
From: Gersh Avery  Read Replies (1) of 8752
 
>If you back test in longer time frames you will see some breaches of the 200 EMA but a reversal just under that area generally occurs fairly fast under “normal” market conditions.<

I like what happened near the end of 2000 ..

So then your chart here:

139.142.147.218

6 mon / 126 LR chart.

Are you suggesting that the lower line should function as strong support now?
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