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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: waverider who wrote (12707)5/20/2002 2:52:28 PM
From: Roebear  Respond to of 36161
 
wr,
No, not bearish at all. Going back to Louis chart:

Message 17491403

We hold the lower red fork tine and that is the direction POG should take, with the red tines of the pitchfork acting like a price channel. Other pitchfork tines show possible alternative movements.

Hope this helps,

Edit, Louis has done some real nice pitchfork posts/charts here before:

Message 17155594

I'll defer to him if my simple explanantion doesn't help, there is a lot more to the forks, but I'm out of time...

Roebear