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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (40856)	6/22/1999 7:58:00 PM
From: nicewatch	Read Replies (1) \| Respond to of 94695

Hi Bill, How about a bone chilling: - April 13, 1999 - April 19, 1999 - June 17, 1999??? I drew it on the SPY but I think it would fit on just about any index??? I suppose you're talking about a fork... huh? <g> That's fine, except what's with the 6/17/99 pivot... it's not a high or low of any sort.... why would that be an anchor point? For a while, I was following the 4/13, 4/19, 6/17 down fork, which played out rather nicely. As for a new down fork, if one were to assume that today was a pivot high, a few new potential down forks could be drawn... using the high of either 4/27, or 5/13.... the low of either 5/27, or 6/2.... and the high of today. Either of these forks would assume that the high made today will not be broken in the next day or two. With the above said, I am still looking for the recent up-fork to hold (which is at about 1303 tomorrow increasing 2 points per day basis SPX)... BWDIK. TTYL, take care Regards, Frank