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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: pressboxjr who wrote (5820)2/24/2001 10:39:38 AM
From: theniteowl  Read Replies (1) | Respond to of 8925
 
This would be on a linear scale, correct? Do you always use linear charts. TIA.



To: pressboxjr who wrote (5820)2/24/2001 1:39:00 PM
From: Michael Watkins  Respond to of 8925
 
Jr,

Ok, thanks for clarifying that for me. Here's a chart for others to follow along with:

ottographs.com

On my chart (driven by TradeStation), I don't show price having touched that 96-97 line, but its close. I don't have a real opinion on these longer term lines, although that particular line series I would likely never draw, since it passes through price in between the two points, and as I was taught to draw trend lines, this would never be construed as one.