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


To: ynot who wrote (1135)11/5/1999 11:37:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 7434
 
ynot,

The days fork SPX.....
9/28 Low -- sprd 10/11--10/18 low

The market bounced off it's upper tine this morning at 1387ñ

The other forks I've been chatting about are still good.

I'm looking for a retrace to atleast 1330

The days placed after the TP's relate to the distance back they have traveled to enter into that moment. The TP's are drawn off forks.

>>or are points 'predictive' based on past action on one fork?<< YES....

Fibs seem to find a place in many ways...forks and spirals are independent of each other, but both deal with time and looking forward.

Chip