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Sorry, last one does not work, seems to
just plot the price chart with zero bottom.
What about stylearea?
<span
>Cheers,
<span
>Graham
<span
>-----Original Message-----
From: Jayson
[mailto:jcasavant@xxxxxxxxxxxx]
Sent: Thursday, 6 February 2003
5:39 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: RE: [amibroker] Below the
support line
<font size=2
face="Times New Roman">
<font size=2 color=blue
face=Arial>DT,
<font size=2 color=blue
face=Arial>I have
to believe todays saving grace for the Nas was that Cisco did not disappoint.
Had the news been poor (er) from last nights earnings we could well have seen a
very ugly day. Given the fact that CSCO traded 172% of its 50 day MA of volume
and still struggled to close flat for the day does not bode well for tomorrow.
<font size=2
face="Times New Roman">
<font size=2 color=blue
face=Arial>Your
glasses are fine, the picture is not clear but a break one way or the
other is bound to be substantial. I fear this support level , for the Nas and
several of its key components, may soon become resistance.
<font size=2
face="Times New Roman">
<font size=2 color=blue
face=Arial>Jayson
-----Original Message-----
From: DIMITRIS TSOKAKIS
<TSOKAKIS@xxxxxxxxx> [mailto:TSOKAKIS@xxxxxxxxx]
Sent: Wednesday, February 05, 2003
3:40 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Below the
support line
<font size=2
face="Courier New">I was a bit anxious to see
^NDX breaking its recent support line.<font
face="Courier New">
One of the basic characteristics was apparent
today.
Below the support it is easy for the market to
erase early gains.
This is the way the support becomes gradually a
resistance.
We need some further evidence:
When the market will go lower and will attempt to
reach again the
support/resistance level.
In the lack of success, the market should find
new, lower equilibrium
areas. The lower we go the more uncertain.
With this "simple" mechanism we see new
LLV for more than 3 years.
The end of this procedure is not visible [for me]
Shall I spend some money to buy new glasses ?
Shall I trust the next fib level ?
Shall I decide for some Elliot subwave 3 of wave 4
as an alternative
of subwave 5 ?
Shall I trust a great automatic trading system
with great profits in
the past ?
It is better to know BEFORE.
After the turning point, EVERYBODY will find the
reason.
I have to know before.
And, it is not the easiest thing in the world.
Dimitris
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