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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Doo who wrote (30946)	10/21/1999 11:47:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

Jeffry White: Chart patterns can be adjusted depending on price action. Also, sometimes a pattern may morph into another. I have my own guidelines for allowing adjustments and or acknowledging a formation transition. To each his own, but I will always plot the pattern on the smallest time interval reasonable. And pan back if need be to get a better overall view. Of course, do what works for you best. I always use semi-log charts and others do not...it is always a matter of choice. I have found semi-log charts superior for charting formations and trend lines. IMO Bottom line, do what works best for you. Regards, LG