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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (8212)10/4/1998 3:32:00 PM
From: James Strauss  Read Replies (3) | Respond to of 34808
 
GZ:

If you draw a trendline connecting the lows for the Dow in the past 6 months you'll see an intersection in the 8200 area... That's about 5% above current levels... Trendlines are usually tested as support or resistance... The test at 8200 will be a test of resistance...

Jim