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To: Nancy who wrote (10814)	6/26/1998 10:06:00 AM
From: Chris	Respond to of 42787

anyone in APCO ?? notice the dead cat bounce! bounced from 200 day ema and then tried to attack the 50 day ema, bad price pattern yesterday.. down she goes today.

To: Nancy who wrote (10814)	6/26/1998 10:13:00 AM
From: Chris	Respond to of 42787

doesn't matter if it's parallel. shouldn't be a factor. impressed with the mkt today.. no drop. CSCO IS ROCKING.

To: Nancy who wrote (10814)	6/26/1998 5:49:00 PM
From: Chris	Respond to of 42787

<<Chris, are the pink resistance lines parallel, also the yellow trendlines are parallel ? I cant tell from the big chart. Looks like 8750-8800 better hold.>> hi nancy, even though the lines DO NOT HAVE to be of the same angle, it is not coincidence that the angles are often alike. one more thing.. when you're doing TA, always always look at past history. not too much for the mkt indices (since mkt news/events are somewhat different), but for stocks, look at previous price patterns. it's not holy grail/100% perfect, but it helps.