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


To: TREND1 who wrote (71642)5/26/2002 1:50:34 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
I must have asked the wrong question because I already knew the facts in your reply!

Here is another question:

Let's say Hal has identified a downtrend which has been ongoing for some time.

After a while, the market rises to a point such that your channel lines move far enough apart to kill the downchannel.

Can HAL consider the downchannel to be dead, without issuing a buy signal?