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To: sandeep who wrote (3854)3/1/2001 5:13:21 PM
From: Gersh Avery  Respond to of 4583
 
The middle tine has pulled it back up again ..

That fork chart is based on closing numbers. This is the third time the SPX has done this. That is, fallen well below the tine only to end the day above it.

Again, the main problem with this is that it is taking place with a descending fork.