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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (9935)12/10/1998 11:40:00 PM
From: Chip McVickar  Read Replies (1) of 44573
 
GZ,

That pitchfork that you traded off the October Low has been a remarkable
picture of the forks ability to carry a position trade longer then most
traders would have thought possible. As well as the display of your
confidence in the forks guidance and signals.

The market was contained by the tine structure throughout the 10 weeks
and it never came close to penetrating the middle tine much less the
lower one. Even today as Frank pointed out it is still in play.

Only once at the end of Oct. did the market approach the middle tine.
That date -end Oct. 1st Nov.- also marked the forward time projection
that you brought to our attention.

Congratulations on Your Trade and Thank You.
Chip
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