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

To: eichler who wrote (80646)	7/22/2001 12:45:59 PM
From: eichler	Read Replies (1) \| Respond to of 99985

Well, I'm not quite sure how to preface this chart, or if I should even post it. I was thinking about the daily chart, and about trendlines and how even when they appear to lose their importance or relevance, they seem to have a way of coming back to "haunt" the charts over and over again. I sometimes think of it in terms of my chess experience, how pieces appearing not to do anything of importance actually are exerting their "x-ray" influence across the board. I sometimes imagine this phenomenon in terms of vectors of power, firing off across time and space their respective influence. Funny how in terms of a price chart, price deserts the supposed influence of a trendline vector, only to mysteriously come back into play later on. That being said, I do not expect anyone to conclude anything at all from this chart, except primarily that I might just have had too much time on my hands! GGG home.earthlink.net What I am appreciating most of all from this odd excercise of connecting dots, is that there was a downtrend which seemed to go out of play for a while...an uptrend that came into play for a while...and now a mixing or an interplay of the two forces at present...almost like waves cancelling each other out. **I'm not making much out of it, do not claim it is of much importance, or that the lines drawn are even valid. Just consider this, a curiosity for your amusement only! Regards, Eichler