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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (10254)	1/8/1998 11:35:00 AM
From: Esteban	Read Replies (1) \| Respond to of 79130

Ivan, Ok, now I understand the line you're drawing. I see the significance of the 10th, but not of the 12th. When the line drawn through the 12th is broken and in this case remains broken at least on a closing basis, it's time to redraw the line. Especially if the original line is only 2 days long. That's not much to base a trend on and using it as a valid line after it's broken allows quite a variety of subjective lines to be drawn, one of which is bound to work. Esteban