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


To: EaglePutt who wrote (23016)10/31/2001 3:31:21 PM
From: TREND1  Read Replies (2) | Respond to of 52237
 
Eagle
(1)Yes! the two lines are channel Lines.
(2)The two channel lines = "standard error of the linear regression line"
(3) For Sep 28, 2001 to Oct 30, 2001 ..ONLY ONE PAIR of
CHANNEL LINES can be drawn..from a math point of view.
(4) While some where saying "today's action" broke your
channel lines, The real question was "Is the trend from
Sep 28, 2001 to Oct 30, 2001 broken?"
(5) As of Oct 30,2001 the answer was "No the trend is still valid"

Hope that helps
Larry Dudash