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Post# of 396422
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shmolton

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shmolton

Re: Omnitrader post# 30085

Saturday, 01/10/2004 11:26:06 AM

Saturday, January 10, 2004 11:26:06 AM

Post# of 396422
Good Morning Omni...
...I know very little TA but I would like to start learning, so bare with me if my questions seem ignorant. How do you get the trend lines on the OBV? It appears that you are drawing a straight line conecting all of the bottoms, but on the MDPA chart, when the stock started moving up more rapidly, you started a new trend line. Why did you start a new trend line and not continue the previous one? Is it arbitrary or do you base the change on time periods or price movement?

TIA

Worrying does not empty tomorrow of it's troubles, it empties today of it's strength.



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