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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Nemer who wrote (7760)11/3/1998 3:52:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
Ran the Pitchfork out on a spreadsheet, to some extent.

The Main Tine, for example, drops 0.283 SPX points per Trading day.

Therefore, knowing where the Tine is at any given day tells you roughly where it shall be for the next month, as in 20 days it will only decline less than 6 points.

Because the other two are parallel, they too should only drop that much. So the number does not change quickly enough on a daily basis to make a spreadsheet on it worthwhile, it appears.

Glad I got that out of my system. Who wants to talk about Murrey Math Lines?
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