Forum Archive Index - February 2004

["Baa Baa" <baa_baa@hotmail.com>]

Phaedrus, nice chart. Tks for posting it. Good illustration and I like the 
simplicity compared with some of my spaghetti charts. Could I ask please ... 
a  chart question and a posting question?

- On the chart, can I presume your buy signal is a breakout above the 
horizontal trading range resistance -which didn't happen in 1999, and hasn't 
happened yet in the current range. (I can see that you buy/sell the 
trendline breaks as noted)?

- How did you post a chart that displays in your posted message?

TIA
BAA

>From: Phaedrus <Phaedrus@techemail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: Sharechat@sharechat.co.nz
>Subject: [sharechat] TLS Chart
>Date: Thu, 5 Feb 2004 13:13:37 -0800 (PST)
>
>  Here is an updated TLS chart showing the trendline break buy/sell 
>signals. I am currently out of this stock, but note that price action is 
>still well above a long-term moving average such as would be used by more 
>conservative investors.
>  TLS is currently in a trading range. When formed after an uptrend, these 
>tend to be a consolidation pattern, followed by resumption of the uptrend. 
>Some people think that these mark the halfway point of a "measured move".
>
>
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><< TLS001.gif >>
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