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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (21956)10/18/2001 1:47:13 PM
From: waverider  Read Replies (2) | Respond to of 52237
 
Paul, here is a five year chart for the NAZ. I don't have an ability to annotate and send here...(BTW, what's the best service for that?).

stockcharts.com[w,a]dahlyymy[d19960101,20011018][pb200][vc60]

But look at the chart and draw a straight horizontal line starting from the high on Oct. 98 - through the June 99 low - touching the Oct. 99 high - all the way to April lows of this year - then see what happened yesterday...all around 1734 when I first noticed it.

Pretty damn cool resistance/support line I'd say.

Let me know if it makes sense.

wr