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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (2759)9/5/2000 4:49:55 PM
From: Chip McVickar  Respond to of 33421
 
Dan,

The way I learned was to print a chart and draw them buy hand.

FYI.....
My choice for the Nasdaq dominant fork is:
handle 5/16
spread 5/24 Low - 7/17 high

Front fork:
handle 5/24low
spread 7/17 high - 8/3 low

Every time you have a significant reversal you can find a fork.
Draw those two..., forget the rest and watch what happens.