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Strategies & Market Trends : Classic TA Workplace
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To: Galirayo who wrote (123071)8/18/2005 6:03:58 PM
From: The Freep  Read Replies (2) of 209892
 
I gotta ask ya, Ray -- why the 150 DMA? Who uses it? Why? You can find MA support at any number, I'm sure, but you posted a big old XOM chart where it's clear the 150 DMA has not provided support or resistance even once. It hasn't defined an uptrend (though it's in one) or anything like that. So, since it's been ineffectual during the life of your chart... why now????
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