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

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To: Magnatizer who wrote (20243)8/5/1998 2:02:00 PM
From: shasta23  Read Replies (1) of 79241
 
HI DAVID!

Thanks for explaining something about the "magnets" again. I kind of missed your original posts and now this post is lost in the depth of >20000 posts on this thread. As far as i understand you combine these horizontal levels with trendlines,Moving averages etc(GANN, FIB retracements???)and the more lines come together in a certain area the more valid a support or resistance becomes. Do i get that right? What about volume? If horizontal support lines are connected to a lot of volume do they get an extra validity? Just curious...

Stefan
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