Systems, Strategies and Resources for Trading Futures Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stoctrash who wrote (8634)	11/15/1998 10:56:00 PM
From: SE	Read Replies (2) of 44573

I think that what this is referring to is the same thing that you have plotted many times....a pitchfork with more than three tines. However, he makes it clear that the outer two lines would not be of value unless the orginal outer lines of the fork were tested and held prices. At least that is my read on it. He further indicates that such drawing could be done up to four times more....which is interesting. Another point which I took out of it is that a fork drawn back in June could still have impact today if you extended the prices and the lines and prices of today would intersect. Now I don't know how much I will read into that, but I will be looking for more fork talk on Omega list and as it occurs I will post it here. -Scott

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next