Why the markets will continue higher... Message Board

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Strategies & Market Trends : Why the markets will continue higher...

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To: GROUND ZERO™ who wrote (232)	12/23/1997 10:07:00 PM
From: Chip McVickar	Read Replies (1) of 745

GZ Okay...I've drawn the next fork as you mentioned.... Dec High -- Dec Low -- Bisect from Nov Low Questions: >What are the rules for picking the next center line..? Earlier you chose Nov Low -- Dec High --- Bisect from early Nov High This latest is off Nov Low... >Do you alternate between Previous High and Low...? >Are there any Fast Rules to determine where that point is chosen..? >>That line is a rising line and should attract prices higher.<< This new fork is rising guickly....does the angle of rise have any importance in itself..? >A Rising line --- is this determined by which side of a 45ø angle the center line crosses the bisect line..? If it were falling are prices equally drawn to a falling center line..? I greatly appreciate these discriptions.... My Greatful Thanks Chip

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