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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (23838)10/27/1999 6:31:00 AM
From: LastShadow  Read Replies (2) | Respond to of 43080
 
"While we do not look at stocks often..."

uhh...what? Other than some bad humor and vignettes of our life, that is all we do here.

Looking at that chart, you should only line through something on a intraday chart. The lower trendline should not pass through the two lows back about a week ago on your referenced chart. Same is true for the Directional Movement trendline, where the top blue trendline goes under the redline. Doing so will give false signals.

Granted, the limitations of the chart line thickness might make that hard t oplot accutrately, but in boith cases it will change the trendline threshold.

lastshadow



To: Teresa Lo who wrote (23838)10/27/1999 8:35:00 AM
From: Susan Saline  Read Replies (2) | Respond to of 43080
 
>>>While we do not look at stocks often,

ahh .... so we cannot admit our addiction .... give it a try ... it's not so hard ... repeat after me

I AM AN ADDICTI AM AN ADDICT
I AM AN ADDICT
I AM AN ADDICT
I AM AN ADDICT
I AM A STOCK JUNKIE


trust me ... the more you say it ... it becomes easier to admit ... though that does not mean u will be on your way to recovery ggg



To: Teresa Lo who wrote (23838)10/27/1999 9:57:00 AM
From: Teresa Lo  Respond to of 43080
 
MSFT - Charts and Technicals

Updating the MSFT chart that we looked at in this morning's Trader's Notes. We noted the dark cloud cover from yesterday at resistance in the $95 area.

intelligentspeculator.com

A quick intraday update - remember the triangle we were looking at yesterday at the high?

intelligentspeculator.com