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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (13395)2/13/2002 11:53:41 PM
From: Gersh Avery  Read Replies (1) of 81850
 
Nice thing about a good working TA method that has fallen out of use. It should work well for a long while before to many folks are working it over ..

#reply-17059355

C4T is correct about my thinking. The index could well pull back inside the fork. In that case I would call the close today a good test of the fork. When a fork is tested and it wins, the fork is stronger. So then .. we pull back now and have a fork that's been tested once or we move up to pull back from the 200 SMA and then we have a fork that's been tested twice already. Either way we have a strong fork that shows a potential 350 point SPX fall ..
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