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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Bwe who wrote (12036)	4/2/1999 10:05:00 AM
From: chartseer	Read Replies (1) \| Respond to of 43080

DIS broke the BRL at 34 and ran into the BRL at 38 Sorry Bruce you lost me here. If DIS broke the BRL at 34 how could it run into the BRL at 38? Speaking of BRLs isn't there now a new BRL from the new topping pattern. Note that topping pattern, four consecutive lower boxes. Seems like a strong downward pattern to me. Besides I also like to connect the tops 42 and 38 with a ruler and get an even IMHO stronger downtrend line. People here will not really appreciate our discussion of PnF here. These traders here would be more interested if it was our opinions that DIS bounces off 30 for a point or two. Interesting that 30 in this down move is also where the previous BRL would be. Doesn t previous BRLs provide support on the way down? Then again what the heck do I know? chartseer