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


To: Paul Shread who wrote (96)2/12/2001 3:44:24 PM
From: AllansAlias  Read Replies (2) | Respond to of 52237
 
In the spirit of friendly discussion...

You state that "Trendline theory is that the line with the most touches is the main trendline, since that is the strongest line."

What is your reference for this statement of fact? Tx.



To: Paul Shread who wrote (96)2/12/2001 3:55:50 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
Paul, also, don't forget Greenspan's "tech is where its at" speech in mid-December...that was stunning (given Greenie had never been so Red Herring before)...

I'm still debating your premise (silently, "thank God" say the thread)...don't know if they have a specific number in mind, but the old low of 2300s should bring the beginning of conversations amongst members....(and a quick decision, one way or the other)



To: Paul Shread who wrote (96)2/12/2001 10:29:38 PM
From: Chris  Read Replies (3) | Respond to of 52237
 
hi all.. i got a couple of my own charts up.

technically we are still in a downtrend until the red channel is broken upside.
geocities.com

this chart is naz comp notice the gap which is found on comp and ndx (not on qqq though)

geocities.com

however, NDX is completely different looking.

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Overall picture is somewhat confusing for naz. So I'm not doing anything. Defintely, we need some basing