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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

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To: TraderMann who wrote (10542)9/28/2010 2:10:06 PM
From: Wayners  Read Replies (1) of 220758
 
trendlines are great (e.g in trenline channels and wedges), problem is very difficult to program them as a system/indicator for inexpensive software---i'm sure the big institutions have very sophisiticated software---so us little guys mostly use stand-ins like moving averages as a psuedo trendline.
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