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

To: GROUND ZERO™ who wrote (10262)	12/14/1998 3:15:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

GZ how far down is the lower line...if you senario plays out...we are going alot lower right now...

To: GROUND ZERO™ who wrote (10262)	12/14/1998 3:17:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

GZ, Do you pay much attention to or give much weight to the smaller fork pointing down off the high at the end of this major fork. iqc.com

To: GROUND ZERO™ who wrote (10262)	12/14/1998 3:22:00 PM
From: nicewatch	Read Replies (1) \| Respond to of 44573

GZ, Thanks for your thoughts. I agree with you... I think the center tines of the two main daily forks are where the real story is. At least that's been the case since the peak, imo. Assuming that price penetrates the first middle tine, stalls for a bit, and then eventually marches lower.... do you then see the middle tine of the sideways fork as the next probable target? That's what I'm guessing for now, but I don't want to get ahead of myself since we have the first middle tine to deal with. It'll be interesting to follow, as always. Talk to you later Regards, Frank