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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (7164)	3/30/2005 12:31:44 PM
From: nohalo	Read Replies (1) \| Respond to of 8752

Nice call on Apple

To: Walkingshadow who wrote (7164)	3/30/2005 12:42:16 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 8752

I normally work days. I've had the last couple of days off. The only reason that I caught this. I can only put in end of day trades, right now. I'm going to try to trade this "fork system" for a while. Today may have provided two great opportunities. The short at the upper tine of a descending fork. And a long at the lower tine of a new ascending fork. Either one provides automatic sliding or trailing stops. To go from short to long takes me two trading days. The first from short via USPIX to cash then from cash to long via UOPIX. I would not be surprised to see the QQQQ close inside the, now dead, fork. (below 36.67) No matter, I'll close out anyway. Then I'll probably move over to the long the second day. Unless the market goes crazy in either direction.