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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (4291)12/11/1997 9:34:00 PM
From: HeyRainier  Read Replies (1) | Respond to of 120523
 
Hello LastShadow,

I have a question that I'm asking some of the most-followed traders here on SI, and I was wondering if you could provide an opinion on a question that involves a simple, but very important T.A. concept: when drawing trendlines, which is more effective or correct, drawing them and having them rest on top of the whole day's activity(and not having them cut through the intraday movements), or choosing to have them rest on just for the closing points of the day(say, for example, on a mutual fund's chart, where all the closing points are connected and have no intraday activity)?

I expect there will be differing replies to this question, but I would like to hear yours and other people's viewpoints on this matter. Your response will be much appreciated.

Regards,

Rainier Trinidad



To: LastShadow who wrote (4291)12/11/1997 9:45:00 PM
From: ZSCRAPER  Read Replies (1) | Respond to of 120523
 
last, would like your opinion on CYMI. there is a good post on motley fool's post of the day dated 12/09/97 check it out it you have the time it gives good information about the company and competition along with the sector itself...also your opinion on WDC at this price it seems to be a buy but i also thought that when it was $23 then again at $20. thanks zscraper


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