The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (6500)	10/28/1997 8:52:00 PM
From: Bob&Carolyn	Read Replies (1) of 79273

Doug or someone knowledgeable, <just connect the two most recent lows before last week ...> I/we have been following this thread for several weeks now and really appreciate the work you all do and the knowledge you are sharing. It's really very amazing! Though I've finished Pistolese's book, I've got a couple questions I hope someone answer. Should the bars in these charts include hi and low for the day, or just open and close? (Generally I've been looking at I.Q.Charts with candle sticks.) Now trying to apply Doug's straight forward instructions (above) to the real world becomes a little fuzzy. Using RECY's chart as an example, would the correct two points to use for the trend line be 10/17 and 10/3? I know this is VERY basic (embarassingly basic), but I have to start somewhere and I'd like to do it RIGHT. TIA, Carolyn

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