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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (48368)	3/26/2004 11:27:29 PM
From: Michael Watkins	Respond to of 52237

Warning, wide chart snap: trendvue.com The selling wasn't that dramatic if you move up a time frame or two. Volume has been tapering off, that is true - the tell will be Monday/Tuesday action but I suspect Monday will be enough to know. Given the big run up and the apparent fear out there, it sure seems more likely than not that the surprise move is more up. But what do I know.

To: LTK007 who wrote (48368)	3/27/2004 12:13:05 AM
From: Compadre	Read Replies (4) \| Respond to of 52237

WL, I have been trying to find out where the 5 year trendline is at right now. But every time I draw it I get a different answer. First of all, drawing it in daily and weekly charts seem to have the same results, or at least close enough results. But when I draw it with the monthly charts, it comes out totally different. On the daily and weeklies, I get a trendline that appears to break out to the up side, The chart even appears as a break out. But when I look at the monthlies, the NDX appears to be contained by the trendline. So depending on which chart you look at, one could be bullish or bearish long term. If anyone has a charting software that can plot this trendline automatically, I would really like to see the results. BULLISH.- Daily: ttrader.com Weekly: ttrader.com BEARISH.- Monthly: ttrader.com