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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (15162)8/15/2001 2:16:14 PM
From: Gersh Avery  Read Replies (1) | Respond to of 52237
 
Nope .. not kidding.

Every time that a possible starting point for a ascending (red) fork starts to work out, it lasts only for a day or two then fails.

That means that the only working fork is the descending one.

When?? The only thing that I can say about that is that the black fork rules until it don't ..

Slope of the black fork is -1.62 SPX points per day. That means that if we don't hit the mid tine within the next two days, then, when we do, it will already be a new low for the SPX. (And no .. I don't think that we'll do it in the next couple of days.)

Here's the numbers gersh.homestead.com