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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 (7801)	11/4/1998 1:10:00 PM
From: GROUND ZERO™	Read Replies (2) \| Respond to of 44573

Pat, Oh, I get it. But, you're right, it's perfect for positioning a trade, that's exactly what it's good for, timing and positioning a trade. BTW, just because the fork is pointing lower, it doesn't mean anything about market trend and it doesn't mean the trend is lower, it's only used for looking for a great place to short if the rally continues to the upper tine. Forget about trend direction when using the fork. Also, it does work for the five minute charts as well. Have a good one. GZ