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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Dave H who wrote (4393)	12/21/1997 9:28:00 PM
From: Ocote	Read Replies (1) of 4701

Re: Dell You might be using exponential graphs on TC2000, whereas mine are simple on Parity, so maybe that's why our trendlines vary slightly. Mine shows Fridays low sitting on the trendline(I've wondered about this before). It did go through the 144 dma but not the 200 dma. Various series of RSI, SMI and Stochastics don't disclose any signal more ominous that several little dips on the way up the bull market. With so many truly horrible charts out there, I personally would like to see this fail another rally and break the neckline before considering it, unless someone else has a more convincing argument. All above is IMHO. Ocote

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