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Re: stkboy1 post# 78270

Tuesday, 05/16/2006 3:54:42 PM

Tuesday, May 16, 2006 3:54:42 PM

Post# of 148479
stkboy1, that trendline on that chart was started arbitrarily and apparently made to fit a particular bias.

While T/A attempts to graphically portray price action over time, trendlines should be drawn in accordance to rules or thier relevance disappears.

http://www.investorshub.com/boards/board.asp?board_id=1613
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