Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (4369)	6/13/1998 7:49:00 AM
From: Clark Wang	Read Replies (1) \| Respond to of 11149

All, QP2's MetaStock output program will corrupt your data and directories. Backup your existing data before using the update function in MetaStock output program. QP2 cannot correctly update the data previously generated by Equis' Downloader such as CDs from other vendors and daily data from Dial Data. Don't try to update your 80-year Dow data without backup. It seems OK if QP2 generates a new directory.

To: Richard Estes who wrote (4369)	6/24/1998 11:26:00 AM
From: Tom Halkar	Respond to of 11149

Good day Richard, I trust things are going well for you and your wife. Are you going to be speaking at the 3rd TAOTN conference? Would you or anyone be gracious and share your knowledge on determining a break in trend vs a correction in price using trend lines and support and resistance areas? Ex. The chart ( askresearch.com ) on AT&T has been in a up trend for sometime and has major support around $60. It broke that in MAY and I thought this would be a change in trend to the downside. It turns out to be a corrections vs a break in trend. What do I need to learn to draw the correct conclusion in the future? What are the things you do to determine a correction in price vs a breakout in trend? How much does volume play in determining trend? I truly desire to master this concept, because in my opinion it is one of the keys to successful investing in conjunction with mastering your emotions. Richard thank you for taking time to read my reply. I would appreciate any comments or insights that you would provide to me. Best of luck in your trading. Have a magical day!!! Tom The Windy City