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

To: Jill who wrote (950)	8/4/2001 12:48:31 PM
From: Vendit™	Respond to of 8752

Jill this is about the best short course on drawing support and resistance lines that I had ever read. When reading this please keep the word(s) “common” and ”same” in your mind because when finding support and resistance levels is done so by finding a line or lines where the same or near exact price reversals recur multiple times. Support and Resistance stockcharts.com

To: Jill who wrote (950)	8/5/2001 9:19:07 AM
From: Vendit™	Read Replies (1) \| Respond to of 8752

More batting practice.<g> The NASDAQ is still showing medium term weakness. As I said yesterday, Friday’s 60-minute chart shows a probable up swing at open. This following chart, when you consider the short-term trend line and slow stochastic says caution should be maintained IMO. angelfire.com The next chart has the lower longer term trend line drawn in. angelfire.com Lower S/T candle supports are at the following points; 2047 2017 1987 My apology if these links dont work. Anglefire is changing their format and I am having to adapt. Just in case, I linked the entire post to a page so you can see the charts. angelfire.lycos.com