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

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To: GROUND ZERO™ who wrote (12507)1/13/1999 1:27:00 AM
From: nicewatch  Read Replies (1) of 44573
 
GZ, How so? The SPH fork charts I posted (particularly the close based fork using a bar chart) show the upper tine as a resistance on both this most recent peak and the peak around thanksgiving. I like the close based fork better in this instance since the SPH data was spotty (intraday) back in September -therefore intraday forks would be spotty too-. Of course, if price breaks through the upper tine, then we'll probably go much higher, but until then it seems to be good resistance. Thanks, in advance, for your response. Talk to you later Regards, Frank P.S. I'm glad I sold most of my internut stocks on Monday afternoon. I may be jumping ship too soon, but I'd rather take my money and run for now. Does anyone think the party in internut stocks is NOT over in the near term? I'd appreciate your thoughts.
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