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

To: AllansAlias who wrote (102)	2/12/2001 4:38:45 PM
From: Rashid Garuba	Respond to of 52237

Allan?, On my team I hope!.. Charting more art than science.. Depends on how many times the line is violated. I usually don't use highs and lows to draw lines (on daily charts). Have seen so many times errant trades create false highs and lows on stock charts (good reason to consider volume). Sometimes I thinks market makers toss in these trades to modify charts.. paranoia on my part for sure. The period since Jan 3 a bit short to draw reliable lines on dailies. Have used hourlies and find the shorter interval easier to analyse with a 40 period ema.. Rashid