Why the markets will continue higher... Message Board

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Strategies & Market Trends : Why the markets will continue higher...

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To: GROUND ZERO™ who wrote (650)	2/10/1998 11:17:00 AM
From: Joan Osland Graffius	Read Replies (1) of 745

Hi GZ, >>BTW, look at the two previous lows using the 1/9 low as the second of the two lows, you will see that the low of the 1/23 came right to that support line. Play with it, and you will discover that markets tend to gap over the line. Yes, amazing. Looks like the NASDAQ is rallying again today. The support line on my graph for this index is around 1625. Does this agree with you approximate point. I have enjoyed your class on fork charting, Thanks and have a good day. Looks like the rally continues. Joan

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