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

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To: Jerry Olson who wrote (12596)1/13/1999 11:00:00 AM
From: Chip McVickar  Read Replies (2) of 44573
 
Jerry
The lower tine of the 12/8 fork I've been trading was taken out at
1216spx.....

The major fork of GZ's off Sept Low is the only fork left in play
Middle tine at 1195
Lower tine at 1115
Chip

For the Record:
All my Long position trades[paper]held since 12/14 were taken out at 1235
These were position trades picked up since 12/14

I took out 2 shorts 1/12 at 1256spx when the market broke through the
middle tine of that fork (12/8) which I've been trading.
I sold one short at 10:00 and went Long one at 1210spx

Edit Note: It's just the discilpline of the forks....nothing else
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