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To: Gersh Avery who wrote (6521)8/7/1999 3:12:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
Gersh:" T+3 T/A "

yeah, I think so, Gersh. The MoneyManagers have a clear end-of-day settlement, as well as weekly, monthly and quarterly accounting cycles. T+3 is "the float" settlement for transfers, as we know.

in general, we could say that things like TrendLines and Horizontal Supports drawn on weekly charts have a greater perceived efficacy than shorter-term daily or, intra-day magic lines. Most of us operate with this assumption.

so simply given that, sentiment based on T+2 or T+3 aggregates would appear to be consistent with our existing T/A illusions (^_^)

-Steve