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Hi rt's
Technically speaking, look at the chart and what i am about to
claim/explain.
I just printed out the dow "weekly" cash. I get end of day charts from cts
in florida.
I've noticed in the past that sometimes different services are off a few
millimeters depending on how they graph. Meaning some trend lines are
perfect 45 degree angles with some chart services while not quite with
others. Has anyone done any serious research on that small % difference
because here is what i am getting at. PRINT out a copy of the weekly dow
(cash), with what ever service you have and see if you get the same thing i
do?! Once you have printed it out, grab a blank piece of perfectly
STRAIGHT paper and prepare to be shocked (bulls). Here's what you do--->
hold your straight edge at the point of that absolute low print on july
'96, then form an uptrend so that your straight edge just touches the
absolute low print of last october
(oct 1997) lows, then GUESS WHAT??? the "3rd" (magic "3", i love that
number!! as an aside, i was born on the "3rd") times a charm for the
bears!!! It appears we closed below that HUGE uptrend. WOW, can you say
"waterfall" now? PLEASE
everyone do as instructed above with whatever service you use, once you
have printed it out and connect the absolute low print of july 1996 to
october 1997 to this past week! do your graphs show the same BREAK of the
line for the "3rd" touch of it???
PLEASE, everyone, what were your results?..........
thanks and comments welcome
gary
hawaii
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