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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (644)	2/10/1998 6:47:00 AM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 745

Not quite. You need to use the highs made after the second low, not the high made before it. You can use those two lows and calculate the line from the high around 8256 or so made in the last day or so. Otherwise, I think you have it. BTW, look at the two previous lows using the 1/9 low as the second of the two lows, you will see that the low of the 1/23 came right to that support line. Play with it, and you will discover that markets tend to gap over the line. GZ