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Strategies & Market Trends : Waiting for the big Kahuna
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To: steve susko who wrote (42746)8/6/1999 5:18:00 PM
From: GROUND ZERO™  Read Replies (1) of 94695
 
No, just that this point provides the best opportunity for a turn..... also, if you extend that line from the May high to the bisect point and then double the distance and make a dot on the chart, then from the June low draw a line to that dot, you'll see additional support at these levels.....

GZ

EDIT: If this is the low, then draw a new fork pointing up and extend the line from the low to the bisect point forward in time, then draw a line from these lows to that point forward in time, that should indicate the angle of price rise in the coming rally.....
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