Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Saulamanca who wrote (31028)	9/25/2000 9:22:21 PM
From: donald sew	Read Replies (3) \| Respond to of 42787

Jim, >>>> I have the trendline from the Oct 1998 lows on the NAZ at about 3400. I`m using the low on 10/8/98 of 1357 and the low on 5/24/00 of 3042. <<<< That is only 2 junction points. I prefer to use the rule that the line that has the most junction points is the better trendline. Using the weekly charts Im using the junction points of 10/9/98, 10/22/99, 4/21/2000, 8/4/2000, lst week. It is also more in line with the MAIN TRENDLINE from OCT 1998 on the NDX. The NAZ price levels are higher than the price levels of the NDX, so if we were to use 3400 on the NAZ, that would be under the NDX TRENDLINE of around 3500 which not be in line. After rechecking, it is actually closer to 3725 not 3750 for this week. seeya