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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: peter n matzke who wrote (1112)11/4/1999 10:22:00 AM
From: Gary E  Read Replies (1) | Respond to of 7434
 
Peter,

I have the 5/27,,7/19,,10/18 fork as being broken when the price action fell thru the bottom tine on 9/21,,,,

Does that then remove that fork forever from the screen ? never to be used again ?

Hal



To: peter n matzke who wrote (1112)11/4/1999 10:28:00 AM
From: Chip McVickar  Read Replies (2) | Respond to of 7434
 
By the way I draw them it's valid.

7/19 - 10/18 is a very nice big spread on the SPX daily chart and the median line off 5/27 low is valid....it does not cross any market activity that is not encompassed by the spread in question.

That's because the 8/10 market is within the spread.

Do you see that?

Chip


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