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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: GROUND ZERO™ who wrote (6228)5/24/2005 11:15:33 AM
From: dvdw©  Read Replies (1) of 12411
 
Hey GZ just a question. I've been following the spiral dialog but I've yet to employ it. "You just indicated that the Spiral suggests selling at 1210 ish" then further extrapolate "that price will run into heavy resistance at that level"

Could you tell me how the spiral assumes those predictive attributes ?

Support and resistance are attributes of past buying and selling, isnt the spiral supposed to predict time shifts?

Please give me a further heads up on these seemingly disparate components of current condition.

Thanks for your reply.
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