To: JRI who wrote (39193 ) 12/24/2000 1:03:04 PM From: Lee Lichterman III Read Replies (3) | Respond to I think you asked the million dollar question here. One of my "unofficial" laws I noticed in using my forks was when a really good fork like the one that has held all of the late 90s got violated, the usual whipsaw went about the same amount to the other extreme. I usually would have to widen the fork after that point but would change the color of the old one as things got back to "normal" a few months later. I have been wrestling with this the last couple months as the extreme outside the fork during the blowoff would take us to an opposite extreme that only Luc can contemplate. While I see the possibilities, I am not convinced that a slowdown of that magnitude is coming. Of course no one ever sees blowups of that size in advance. <NG> It is like the DOW diamond of a few months ago, we saw it and knew what it could mean, but how many of us actually went out and bought DOW 7000 puts. Not me.
