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To: oldirtybastard who wrote (277957)2/23/2004 3:55:46 PM
From: Trumptown  Read Replies (1) | Respond to of 436258
 
ah, but the markets are ruled buy the kindergarten mentality...one will never go broke when accepting that is the case...



To: oldirtybastard who wrote (277957)2/23/2004 3:58:16 PM
From: Tom Swift  Read Replies (1) | Respond to of 436258
 
Round number support and resistance is a well accepted part of TA. The psychology behind it is that traders set stops near round numbers.



To: oldirtybastard who wrote (277957)2/23/2004 4:00:35 PM
From: Bid Buster  Respond to of 436258
 
Round numbers are important support levels because they are easy to remember for old farts like us -g-


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