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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (7670)11/2/1998 1:55:00 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 44573
 
The June low is the more recent low and, therefore, more significant for this fork.

The fork is great for framing trading ranges and their likely tops and bottoms. If your fork goes out a year or so, it loses its reliability. Use the same bisect point for the DOW chart, and you'll see the symetry.

GZ



To: Patrick Slevin who wrote (7670)11/2/1998 2:22:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Patrick -- are you still looking at going long?


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