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To: Henry J Costanzo who wrote (78151)7/31/2003 10:22:27 PM
From: Jack of All Trades  Respond to of 209892
 
He went through this a month or so ago.

In this case draws the top line parallel to the bottom down trend line. Opposite for uptrends.



To: Henry J Costanzo who wrote (78151)7/31/2003 10:24:40 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Trendlines certainly require two touches. Decent ones three. I am not showing a trendline. What I show is a predicted "channel line" that has worked out very well.