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To: current trend who wrote (16370)1/13/1998 10:32:00 PM
From: IQBAL LATIF  Respond to of 50167
 
CT- Like I did 243 for SOX- why 243 became a level- no apparent reason- I never or very rarely look at charts my supports and resistances are levels in my head charts I just know SOX SPA and ASEA so well-ggg I really don't know CT- I just get these levels on bonds indexes and others . Good question poor answer I think it is just experience when you ride an index and see index day in day out levels become habits- CT if I start charting I will unable to come up with so many different points for international and domestic markets- in a single post- I know may be it becomes quite boring but I will like chart points and trend lines to be second nature of any prospective investor- I don't need to spend too much effort on that I will rather concentrate to find corelations and big fundamentals.