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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (877)	7/26/2001 9:05:59 PM
From: bowledover	Read Replies (1) \| Respond to of 8752

Vendit, thanks for responding. I'm not sure I can be clear about what I am asking. I guess my question lies in the area of 'linear regression' and what does that mean. I don't see what this picture tells the viewer other than there is a downward, curved slope to the current price development. What is the advantage to this over a standard two-line channel drawing? Does the slope purportedly tell the viewer something the standard 'channel' lines don't? The curvature? OK, but I don't see the benefit, seriously. (And, of course, I don't know what 'linear regression' actually means. Yes, mathematically challenged.) David