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To: chenys who wrote (23702)11/1/1998 12:30:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 


q: Oh, that's why you used the ~ mark (meaning you used
an eyeball approximation.

Actually, now I think I see that you use the close-of-the-day
for your lows. I was looking at the intraday lows on
the chart.

I can see how you think the trend line was broken. But
another way to interpret is that going back up from the low
of Oct 8 was too fast, making the trend line to steep. More
time possibly was needed to establish the trend line.
PLUS, I think Wayne only used 2 pts for that bottom trend
line, and we've never gotten the 3rd point for confirmation.

I'm just surmising. I'm not a TA expert by any means.

joe