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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (4992)	1/31/2005 12:01:02 PM
From: Doo	Read Replies (1) \| Respond to of 12411

Chip, thanks. I don't trade forks, but I tend to entertain myself drawing them on my charts when I'm bored. I haven't really studied them long enough or drawn them consistently enough to have much to say about them. But, what you've drawn looks entirely subjective, to me. If you draw those that way routinely and consistently and they work for you, who am I to say? But, I can't envision a practice that would make that point you've chosen the objective point from which to draw any line, fork, trend, pivot, whatever. Maybe in a shorter time frame, but even then it's suspect because of the fact of what the larger time frame reveals. It just resembles wishful thinking, to my eye and mind. BWTFDIK? You guys are the forkers. J