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Alias Born 08/19/2005

Re: Keith K post# 21896

Sunday, 02/26/2006 8:01:22 AM

Sunday, February 26, 2006 8:01:22 AM

Post# of 79026
Trends...

...it depends on your time frame. The chart you show is a monthly chart, and it shows a trend. Almost all of the data you show is from last year, and from the second half mostly. An even longer chart might have given a different result since your data is somewhat selective. Even long term charts can change direction.

The bottom line is this...you get different answers with the weekly, daily and hourly charts. Deciding which time frame you intend to trade is a decision that will result in different trading strategies.

Chico



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