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To: CommanderCricket who wrote (11719)	3/27/2007 9:14:11 AM
From: chowder	Respond to of 13449

Michael, it's not the line that represents price support, it's the base , or range of price consolidation, that happens to be in proximity with the 50 day moving average that will serve as support. A 50 day moving average, since it is an average of price over a 50 trading day price range, will often show up where a base has formed on a chart. So, as you correctly pointed out, it's not the line that provides support. It's a price range the line is representing, as shown on the chart. When I say the 50 day moving average should serve as support, it was simply an easy way to say what I explained above.