SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Why the markets will continue higher... -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (499)1/14/1998 10:08:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 745
 
Hello GZ
We've watched the DJIA bounce back and through the recent small pitchfork
and this morning it seems to be poised to go higher...or flat.
You took a position on the 8th....as the weekly reversal established itself.

The market is now being drawn up towards center fork of an earlier Bisect Jan High
and Jan Low....handle off Dec Low.

As a trader off these center forks...are you continuing to hold that earlier
position -- even as the market approchs purchase date or did you get out for
repositioning ? Do you hold onto an earlier conviction, based on the weekly reversal...
(for the strength of the indicator) throughout an upside twitch or do control the
potential for losses?
Trying to understand the signals given as each center line is aproached.
Thanks
CHIP



To: GROUND ZERO™ who wrote (499)1/14/1998 10:45:00 AM
From: Kapusta Kid  Read Replies (1) | Respond to of 745
 
Actually, they are not true "Gann lines". Rather, they are Fisher's Dynamic Gann Levels. I don't really know how one creates classic "Gann Lines".