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


To: bowledover who wrote (1047)8/17/2001 9:22:24 PM
From: Venditâ„¢  Respond to of 8752
 
Re:
I would be interested to know if you are simply "looking" at the chart(s), the price levels only, and ignoring the time frame, or, if you think that three years plus old data is still significant?

The time frame that you choose to "view" and "consider" in your own analysis depends on your investment objective.

If you are a daytrading, long term support and resistance maters not. If you are a position trader, a few days worth of technical data is all that you need.

If you are any of the above, critical long term support is something that traders should always consider.

JMO of course.