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About tbaarr
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I answer only public questions so all can benefit . I do NOT endorse any of the website ads that will bring you to my answers. I have started a blog called ..AS Tbaarr Sees It.. tThats the only site where I might benefit from any ads,see below for the address. I dont care about ratings as i am not here to make you buy a service from me... If you want my opinion just ask me... I was a askme.com expert who was consistantly in the top ten.... I have found my screename,on google,being used without my permission to promote scottrade and other garbage... Ask me here first before you try any service that is claiming my screename or using it as a link.... PLEASE let me know at my webpage or blog.... http://www.geocities.com/tbaarr/night_vision.html.. .. http://www.tbaarr.blogspot.com/ ....So i can go after them Thank you MY BROKER OF CHOICE IS CHARLES SCHWAB

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I retired in 1996 at the old age of 39 by using city based utilities and leap call options. on stocks like ibm and wal mart because you can control these stocks for 2 years for ten cents on the dollar.
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Topic: General Stock Investment Strategies



Expert: tbaarr
Date: 3/1/2006
Subject: stock

Question
i am new to stock market when i read research for trading there few termanaloges such as support point & resisting point what is the meaning of this and it calculate  

Answer
so called support points and resistance point are calculated

using graphs of a stock over a year period

you find the highs and the lows and draw a diagonal line

from point to point

example if you were to graph ibm you would see a low at 71 last april a high at 89

in nov

a midpoint at 78 in oct

and a line of resistance for the last 4 months around 79

its my opinion it will stay this way till about april and then go up

ref its move in 2003 which it seems to be paralleling

good luck

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