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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (12980)	1/10/1998 1:58:00 PM
From: James F. Hopkins	Respond to of 94695

J.T. looking at support levels of the DOW is also not all it seems to be. THat's sort of TA on an INDEX and I contend TA has it limits, and when used on an INDEX it can produces the same error that's in the index. Where are the support LEVELs on just the MEGA caps..& go back to find more than just one., support levels are strange animals, calling them has fooled more than one expert. Best lets not call them via just an index, I don't TA on an ( caned ) Index, good way to get fooled. Or Make up your own index, weighted via market cap and be aware it too can be in error if used with TA , but not as much. Jim