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Re: FUTR: Cup and Handle in the SP



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Peter -

After looking at the semilog version, it seems clear that the difference
is in the semilog scaling.

Ned

PJLaird@xxxxxxx wrote:
> 
> In a message dated 7/9/99 5:58:58 AM Eastern Daylight Time, cnedgo@xxxxxxxxx
> writes:
> 
> << Although this is new territory for the SnP, I'm showing some strong
>  lines of resistance at this level. Chart and rationale at web site.
> 
>  Ned Markson
>  http://www.erols.com/cnedgo
>   >>
> 
> Ned,
> 
> Hey the graph at your web site looks very similar to the graph at my web
> site. Great minds obviously :-)
> 
> My trend/channel lines are angled somewhat differently and seem to catch the
> exact 7/6 high as resistance. My graph is semi-log scaled. Don't know if that
> might make a bit of a difference, and I put mine on by hand. Not sure if the
> pritch fork thing is a canned indicator or not for you. Can you alter the
> angle of that indicator with the software you use?
> 
> Peter
> 
> http://www4.golden.net/laird/Comment.htm