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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (54488)9/2/2001 12:06:05 PM
From: Gersh Avery  Read Replies (3) of 94695
 
I dunno Bill ..

Every time I try to make a new red fork and go long the black one bites me again.

So this time I think that I'll go long and try to believe real hard that the black fork will rule forever.

Draw a new red one? Heck .. by the time I notice that there could be a new one it's almost dead again ..

Soooooo ,,, maybe if I don't draw a new red fork, believe the black fork is king and go long they'll put me away in a nice padded place and I'll get rich at the same time ..

That way I'm my own counter contarian indicator ..

BTW mid tine of the black fork is below the April lows .. (1063.65). I think that it's safe to say that we won't do that on Monday.
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