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To: Doo who wrote (40750)1/11/2001 8:02:26 PM
From: Chris  Read Replies (3) | Respond to of 42787
 
i looked over the lines, and I respectfully disagree. As you may know, (especially for trendlines), there are no "hard coded" rules in drawing them. So I *might* be wrong as well.

For daily chart, I see that trendline has the DOMINANT one and clearly ok.. I'm not looking to "nick" every high, but more of the overall picture showing that heavy resistnace is coming.

As in trading, one can be successful by making money on 50-60% of the move. no need to catch the exact top and bottoms.

hope it helps. Anyone else, feel free to discuss and chime in.