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Strategies & Market Trends : Slant Charts -- Ignore unavailable to you. Want to Upgrade?

To: Tom Swift who wrote (3)	3/8/2004 8:12:18 PM
From: Tom Swift	Read Replies (1) \| Respond to of 26

I moved the Zoo links to the thread header. Comments: (1) The first (daily) COMPQ chart broke slant resistance today. If the theory is correct, there will be an "interaction" on a new line that is roughly equal-spaced down from the lowest trendline which I eyeball-added into the chart or a bounce back to the trendline that just broke. (2) The second (monthly) COMPQ chart is looking pretty bearish. The RSI(5) looked a lot better Friday. (3) The ADCT chart looks valid for slant-congestion-consolidation. (4) The ASIA chart looks valid for slant-congestion-consolidation. (5) The ASKJ chart only has two days on it - it needs more time to determine validity. (6) The AVID chart also only has two days on it -it needs time to determine validity. (7) The EAG chart continues to consolidate on a slant line. (8) The EMRG chart is really starting to look like this technique has validity -- I switched to slants on roughly 10Feb, and it has strongly interacted with them since - hammer today and top day before yesterday. (9) RCO is interesting since the lines are widely spaced. I drew them ~ the time that that 0.60 bottom was formed. (10) RMBS should interact with the line it is aimed at if the theory is correct. (11) I just added the lines that TLT is interacting with - we will see.