AI
Friday, March 21, 2003 10:55:12 PM
sorry i dont know how to get ajtj's trendlines to show up on the nasi chart. imagine a pretty blue line connecting the three peaks on nasi.
I record daily reading of some key things. one is the $NASI. it turns slow, but can reverse in two days if they are big enough.
In order to stay within the trend lines you have drawn on the nasi chart, the nas would literally have to start down hard on monday. look at tues jan 14th and forward on nas chart.
tues nas up 1.03% and nasi up 25.87
wed nas down 1.52% and nasi still up another 13.96
trs nas down 1.05% and nasi up again another 6.94
fri nas down HARD 3.34% and nasi finally down 10.95
mon holiday
tues nas down .87% and nasi down 22.03
wed nas down .35% and nasi down 29 (picking up steam even though index not down much last two days)
its my ship analogy. turns slow. if we dumped from the get go on monday and had continuation thru wed it could reverse and obey the trendline. But its gonna take hard down with follow thru or it will coast up even if index goes sideways.
I think hard down from monday on has a snowflakes chance of hitting the ground in summer in phoenix adn im short so would tend to impose some bias.
I record daily reading of some key things. one is the $NASI. it turns slow, but can reverse in two days if they are big enough.
In order to stay within the trend lines you have drawn on the nasi chart, the nas would literally have to start down hard on monday. look at tues jan 14th and forward on nas chart.
tues nas up 1.03% and nasi up 25.87
wed nas down 1.52% and nasi still up another 13.96
trs nas down 1.05% and nasi up again another 6.94
fri nas down HARD 3.34% and nasi finally down 10.95
mon holiday
tues nas down .87% and nasi down 22.03
wed nas down .35% and nasi down 29 (picking up steam even though index not down much last two days)
its my ship analogy. turns slow. if we dumped from the get go on monday and had continuation thru wed it could reverse and obey the trendline. But its gonna take hard down with follow thru or it will coast up even if index goes sideways.
I think hard down from monday on has a snowflakes chance of hitting the ground in summer in phoenix adn im short so would tend to impose some bias.
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