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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (9839)	3/14/1999 11:24:00 PM
From: big run	Read Replies (1) \| Respond to of 12039

Richard....is there a specific example in a chart you can point me to? I've been reading the Elliott Wave stuff and it gets pretty complex. I think I'm even starting to stutter these days. I've read where Gann used time in his analysis, is that right? If so, with the 3 higher highs and higher lows is there anything with time in it? Also, is there any amount of movement required to verify a higher low in an uptrend? I mean, if a stock bases, breaks out and bases again with no significant retracement would this be considered a higher low? Thanks Mike

To: Richard Estes who wrote (9839)	3/15/1999 12:09:00 AM
From: BreakOut	Read Replies (1) \| Respond to of 12039

Richard, Good quick look way of seeing ST trend. That would put the Russell in an uptrend. I would welcome that, but i'm still not convinced. (but hopeful). Rut still needs power through 400. On the other hand break of 387 would sure look like lights out (a head and shoulder pattern to those who care about such things). Oils seem to be getting off the mat. Played HEC RDC and GLM last week. looking for safe(r) reentry point.