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To: Berney who wrote (10093)7/29/2001 12:07:55 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Hell .. that $40B is already spent .. At least the vast majority of it.

$600?? put it on the credit card and when the check comes just put it on the balance.

Liquidity pump .. yep .. indicates more rate reductions ..

1200? very good horizontal line .. very good.

The red fork had to have the lower tine reset once already. I drew it the first time we flirted with the 1170 mark. Redrew it when we tried that mark again.

Small "W" bottom within the larger "W."



To: Berney who wrote (10093)7/29/2001 12:19:46 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
re two or 3 points ..

Agree for simple trendlines.

Problem is that by the time that you recognize that there is a trend line in place a great deal of movement can have taken place.

By using opposing forks, I conclude that when one fails, the winner rules. At that time I can focus on the fine tuning and watch for the next fork.


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