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Post# of 704041
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jrintl

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jrintl

Re: ajtj99 post# 119215

Friday, 06/13/2003 3:28:56 PM

Friday, June 13, 2003 3:28:56 PM

Post# of 704041
A- I'm having a hard time understanding the application of "if it closes 5-10 pts. above close" trend indicator change in this context.

Last Monday, it made sense, we came way off the high, and that move started the previous day. As it would make sense after a sequence of down days/down move

In this case, this is still within one day of the move, so to call it "trend" would be bit overreaching, no? tia
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