Forum Archive Index - February 2003

[nickk@quicksilver.net.nz]

Don't waste your skin doing the typing Phaedrus. 

It's like convincing All Black supporters that Australia are better at 
Rugby.  The AB supporters just don't want to listen no matter how many times 
you try to tell them. 

Cheers 

Gooner 

Phaedrus writes: 

> Travis,
>        Here is an 8 year chart of CSL. I have marked the trendline break Buy 
>and Sell signals for you. From this you should be able to work out the answers 
>to your questions about this stock. I think you will agree that the exit 
>signals were quite timely. Isn't it amazing just how linear long-term trends 
>can be? I doubt that you could have chosen a better example to illustrate the 
>value of trendlines.
>          Phaedrus. 
> 
> <<<Tell me, prior to it falling to present levels, what was the long term 
>trend for CSL?  How much money would one have lost waiting for the long term 
>trend channel to be violated?  At what price would one have bought in in the 
>first place?>>> 
> 
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