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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (36830)4/24/2002 10:49:07 PM
From: Lachesis Atropos  Read Replies (2) | Respond to of 68065
 
Hi Harry, Re "slope of the trend". Would not the converse be true over a time period of a year? If one increased the time period for which the regression line was calculated to a year or two year period the converse would be true. Over a longer time period we would be in the upper portion of the channel.

With a six month period the trend line appears to have a very aggressive bullish trend. Looks like one from 1999 to 2000.