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[RT] RE: Gen: Support and Resistance -Gann Lines - CDou



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No offense, Brent, but how does one make trading decisions based on these
lines?  Sure, it looks nifty when the market appears to "bounce" off one
line or another, but I'm guessing there are somewhere between 64 and 72
lines on this chart.  How do you evaluate the significance of every near
approach and crossing?  I can't for the life of me imagine how all these
lines could help me decide when to enter/exit/reverse...

Bewilderedly,

Jeff Kingery

-----Original Message-----
From: listmanager@xxxxxxxxxxxxxxx [mailto:listmanager@xxxxxxxxxxxxxxx]On
Behalf Of Prosper
Sent: Thursday, June 29, 2000 9:41 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: [RT] Gen: Support and Resistance -Gann Lines - CDou


More technical speed line, domed house on hilltop, expansion contraction,
long volatility, mumbo jumbo for your entertainment.

Although the quality of my equipment is lacking I have done my best to show
what it looks like when I put lines on something. This something is Sep.
Canadian Dollar. Could there be something to it? Nah, its all coincidence
right.

I guess that one mans voodoo can be another mans victory.

Prosper