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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (43369)	3/23/2002 4:23:00 AM
From: HairBall	Read Replies (1) \| Respond to of 99280

ajtj99: You bring up valid support and resistance trend lines. I have them both plotted on my WOW “eod” chart and as you can tell on my QChart, but I am reluctant to call the two a sym triangle. As you said the convergence of those two opposing trend lines forces a resolution Monday. Unless of course, we get an adjusting move...<g> Per my daily and intraday models (at this time) I am expecting the wedge to resolve to the norm. I suggest you open up the daily (semi-log) chart to about Jan98 and see how the two formations look to you from that perspective, if you have not already done that. All of course, IMO....bla, bla, bla...<g> Regards, LG