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

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To: GROUND ZERO™ who wrote (13933)1/27/1999 8:10:00 PM
From: SE  Read Replies (2) of 44573
 
GZ,

There is a new fork in town and it appears to be calling the shots.

Don't know if anyone mentioned this fork yet but here it is.

Low OCT 8th.
High Jan 10th/11th....whenever the high is.....
Middle point of those two with the line drawn from the high on July 18th or so..the middle of July.

The top tine has held the rallies nicely. The middle tine is at about 1060 or so. It is pointing lower.

Of course, before we would get to 1060, there is the other fork with middle tine to halt the fall at 1150. (July high, Oct low and middle off of Jan 98 low).

-Scott
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