Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (62647)	2/5/2003 5:59:03 PM
From: Jack of All Trades	Read Replies (1) of 94695

When we have such a steep, tight fork like the green one on the SPX daily, I find that "cloning" the fork works well. I also find that we typically test the lower tine of the "cloned" fork if we fail to hold the mid tine of the "cloned" fork. So I am looking for a target of 805-10 for the next 2-3 days. I also think the green fork has described price very well so I am inclined to think we get it... JMO BTW thanks on the chart work, it's not that hard once you get the hang of it.

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