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Here is the compressed chart and you can see that it a channel parallel to the
downtrend line. Ira.
Stig O wrote:
> Intersting chart
>
> where is the lower blue line comming comming from, and what is it?
>
> It loks like it's important since it seems to be the support line...
>
> stig
>
> ----- Original Message -----
> From: Ira Tunik <irat@xxxxxxxxx>
> To: realtraders <realtraders@xxxxxxxxxxxxxxx>
> Sent: 22. marts 2001 19:11
> Subject: [RT] time to take profits on shorts
>
> > Here is a chart that might interest some. the Dow has just hit my
> > current downside target along with the bottom of a channel which should
> > confirm support. Not saying to get long, just saying take the money and
> > wait for the next move. Have a good week end. I am all cash once
> > again. Ira.
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >
>
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