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

To: Chip McVickar who wrote (1114)11/4/1999 10:34:00 AM
From: Gary E  Read Replies (1) | Respond to of 7434
 
Hi Chip,

THe price is sitting on that lower tine right now but when the prices dropped below that lower tine on 9/22 ,,,what do you do with the 5/27 fork then ? Do you still keep it ?




To: Chip McVickar who wrote (1114)11/4/1999 10:38:00 AM
From: peter n matzke  Read Replies (1) | Respond to of 7434
 
Chip, i agree that the 8/10 low is higher than 10/18 low
and i understand your reasoning, but it was my understanding that for a valid fork, the handle should not cross through significant price action prior to the bisect line.

i reserve the right to be totally misinformed about the way that i interpret the forkin'

regards
peter


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