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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (40562)6/11/1999 2:23:00 AM
From: nicewatch  Read Replies (1) of 94695
 
Hi Skeet,

I don't trade lumber -too thin for my blood<g>- so take this FWIW. I have been quietly watching the market over the past few months, with no great insights.

geocities.com

a longer term weekly chart
digisys.net

on the daily, if there is a pivot soon, new forks will be drawn, including a sideways-down fork. The larger fork has an extra upper parallel added. The very steep -smaller- fork implies a rapid rate of change for future up moves, i wonder if price will follow it or not.... i guess we'll see.

on the weekly, an up fork can be drawn using the low-high-low sequence of the past 4 years. TTYL, take care

Regards,

Frank
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