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To: Tom Trader who wrote (9533)12/4/1998 1:54:00 PM
From: Chip McVickar  Respond to of 44573
 
Tom,
Well I hope it adds to the understanding of the fork

Here is a IQC chart 5 min spx
Nice head and shoulders in there day to day
iqc.com
.
One would probably have sold around 1171 as the price passed through
the lower tine of the fork off the 10:30 low

2 new forks are now in place leading down and one would be thinking
about a short position, if not already in place.

I did alright in the linear stuff...it was a struggle, but loved the
geometry....and never could spell.
Chip