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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: dr. z who wrote (25663)	2/8/2002 2:31:56 PM
From: Smooth Drive	Read Replies (1) \| Respond to of 34818

Hello Dr. Z, Regarding the "Trying to learn TA" -- you probably know far more than I do -- so I won't be any help<g>. You could well be right in your observations. I always like to know how far the close is from the ma. Depending on the trend or lack thereof, it gives me a feel for my risk. Do you think one is at more risk when it just passes thru a ma, or when extended? Given that DIS just passed thru the 20 dma, are the BB's rather compressed and somewhat flat? If so, then perhaps a little consolidation is taking place with an up coming --or a down. Because I mentioned it -- it's down for sure<g>. We'll see. Take care, Eric