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

To: eichler who wrote (62714)	11/17/2000 1:04:23 PM
From: el paradisio	Read Replies (1) \| Respond to of 99985

Today INDU's gain was only caused by TRAN spike...nothing else TRAN is going down together with INDU and Nasdaq will follow... Regards, el

To: eichler who wrote (62714)	11/17/2000 1:07:07 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

eichler: I am not disputing what you're seeing. I use QCharts and intraday spikes are filtered. So, the intraday high and lows do not always agree with the daily charts. I like to draw very exacting trend lines and when I allow a tend line to clip a high or low, it is rare and only when I determine it is a spike worth discounting! On my next COMPX chart I will had the very short-term resistance lines I see from the 15th forward, unless they're moot by then...<g> Good trading... Regards, LG