RE: System Exits

["John F. Berentson" <jfb.nyc@xxxxxxxxxxxxxxxx>]

By artificial, I am referring to the calculated pivot points.

JFB
Shaven Heads Trading  NYC


-----Original Message-----
From: Owen Davies [mailto:owen@xxxxxxxxxxxxx]
Sent: Monday, September 28, 1998 8:12 AM
To: jfb.nyc@xxxxxxxxxxxxxxxx; Sigstroker@xxxxxxx; omega-list@xxxxxxxxxx
Subject: Re: System Exits


John F. Berenstein commented:

>I trade breakouts of congestion areas in which the breakout can be expected
>to cross a support/resistance zone, either real or artificial.  (etc.)

What is an "artificial" support/resistance zone?  (I assume that a "real"
one is the kind we can all recognize on a chart.)

Thanks.

Owen Davies