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

To: Chris who wrote (4600)	1/3/1998 8:38:00 PM
From: Steve Smith	Read Replies (2) \| Respond to of 42787

Hey Chris, Could you post a TA graph on NOVL and DPSG for me? thanks, steve

To: Chris who wrote (4600)	1/4/1998 7:15:00 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 42787

Chris, *The fork will tell you where the market will react if prices get to a certain point, it's not a trend line in the typical sense of the word.* Now, the way I read this chart is that if prices rally up to the green midline, a sell off will occur. When? On or about January 14th. How did I calculate that? Here's how: Counting the number of days from the bisect point back to the low pivot from where you drew the midline will give you the number of days half way through this trading cycle. In this example, I count about 20 market days. This means that the entire trading wave should measure about 40 days. So, from the midpoint bisect you can count 20 days forward and arrive at an ideal market day for the completion of this trading wave. Remember, the count is rarely perfect, but when we get close to that day and we touch that rising midline, you will see some impressive selling. Easy, huh? Like shooting fish in a barrel, so far. GZ