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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (7824)	4/15/2005 10:48:18 PM
From: Gersh Avery	Read Replies (1) of 8752

>How's them forks look?< We broke throught both mid tines for the SPX. I'm thinking that it may have been a good day to start a short. However mid tines are not as cut and dried as upper or lower tines are. Mid tine areas will now act as resistance lines. SPX fork not updated ttrader.com QQQQ: We closed above the mid tines on the QQQQ forks. After hours the QQQQ continued to sell off more. Some where ~ 34.62. Center tines look to be at 33.60 and 34.00. WOW! the smaller fork is falling at the rate of 0.20 per day! ttrader.com

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