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

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To: Patrick Slevin who wrote (8319)	11/11/1998 3:28:00 PM
From: GROUND ZERO™	Read Replies (1) of 44573

Pat, Fred, Tom, SE, all, We now have an ideal opportunity to see the pitchfork in real time action as a result of this pull back. Divide the recent high (point C) and the previous low (point B) made late last month, by time and price. Then, run a line through that point starting from the earlier high (point A) made in October. As we trade lower towards that median line, the intraday low should rally sharply off that line if/when it gets there, and that will be the low for the pull back. Even if it goes lower than that line, it will still rally for a day or two once it even touches that line. Fred, if you could post your magic on that chart, we could all follow it in real time. Thanks. GZ

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