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Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (361)	1/5/1998 1:57:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 745

Hello GZ The market is following the lower tine...very nicely and being drawn to the center tine. I went back to the yearly low in April and used that point and the bisect of the recent small fork (upper-16th and lower-19th Dec). This line is a center tine and yesterday it was crossed by the markets upward progession. You can also go back to the high in Aug...do the same thing and get a crossing of that center line on the 30th Dec..... Does either of these pitchforks add anything or clarify one's understanding of the formation under dicussion...? Do they confirm in any way the strength of any movement upward....or downward...? Perhaps they just incidental at this point and not worth bother with...? Thanks Chip