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Style="padding-right: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px"> ----- Original Message ----- <DIV style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: <A title=t-bondtrader@xxxxxxxxxxxx href="mailto:t-bondtrader@xxxxxxxxxxxx">t-bondtrader To: <A title=realtraders@xxxxxxxxxxxxxxx href="mailto:realtraders@xxxxxxxxxxxxxxx">RT Sent: Saturday, February 10, 2001 1:12 PM Subject: [RT] S&P Trendlines Don I have been following with interest you analysis on the Spoo. It seems to me that much depends on where the trend lines are drawn. I attach a chart with my original lines from way back and I have drawn what I hope is your line - which shows the retracement to it. My lines are saying that the Spoo went up to the top, poked its head over and then came back. False breakout. Yours is looking like it might bounce on the retracement. All depends on where the lines are. Does the EW count depend on where you 'start' and is this a common think for followers of EW or is it a matter of personal choice. Like my saying that the trend lines are where I have put them, or should they be as you have put yours? If you work with a single line, of course you could have all sorts of angles, but if you have to have parallel lines, then that is rather different. You use EW a lot and I would appreciate you comments... BillTo unsubscribe from this group, send an email to:realtraders-unsubscribe@xxxxxxxxxxx





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