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Strategies & Market Trends : Windows on Wall Street -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (1220)	5/20/1998 9:43:00 AM
From: CuttotheCore	Read Replies (6) \| Respond to of 2233

Peter and the thread, greetings: I have just recently started reading this thread and thank you all for your insight. I purchased daytrder in dec. and have been using it every since. I admit that I am not an adept and at this stage am just using the charting. The other will come, hopefully. In re charting I find myself in an unusual argument and I need some help if possible. I own a stock, thqi, and participate on the MF board. Yesterday, another poster, who holds himself out as a t/a guru posted that the 50 dma was in a downtrend and acting as resistance for any upward breakout. I checked my charting and w/o question my 50 dma, sma showed that tho petering out the uptrend was intact, and still acting as support. I posted that and also the actual numbers for the uptrend from April 20. Apparently it set off a chain reaction and many posts followed about the issue. This came to light: the aol, yhoo, bigcharts graphs all showed the 50 dma trending down. telscan 2000 showed an uptrend, but it had turned negative 4 days ago according to the numbers graphed: daytrader (dtn) unequivocably showed that the uptrend was still intact and the 50 dma continued upward. I verified in my graphs and also in the program 21, 50, 100 dma, (it uses point and figure whereas I us candlesticks). In this particular case this difference was that betw. an uptrend and a downtrend, support/resistance. I had the telescan 2000 variation appear several months back dealing with a poster on asnd, and just shrugged it off. Would you or anyone else be able to explain the discrepancy. Quite honestly I paid for what I felt was as good a program as I could get, and I take care about accuracy. I did call the charts from aol, toy charts, but they are available to hundreds of thousands whereas our wowdt charts are available to hundreds. Anyway, thanks if anyone can be of help. Best, stx79