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The possiblilty of achieving a projected (exit level) trendline is an
intriguing concept; elliott wave analysts construct a chanel; parallel
chanels are popular; and even a two or three point chanel (aimed toward the
exit) have been used, including short, medium and long term placements.
Perhaps there are some formulae about these things. If so, a more profitable
exit might be possible.
----- Original Message -----
From: "Owen Davies" <owen@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, April 04, 2000 11:26 PM
Subject: Re: Trailing Stop
> Among other things, Ian Burgoyne wrote:
>
> > Had I based my exit on the trendline I would have exited yesterday.
>
> 'Nuff said.
>
> Owen Davies
>
>
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