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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 (11606)	1/4/1999 11:48:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Thanks Pat The forks suggest that if the SPX market is going down into 11:55-12:05[or is flat] then it should go up towards GZ's major fork off Oct lows and because more then one T-projection are meeting at this point... There is another small day fork t-proj for the same period It might well be a stronge move....? I still hold 2 longs off the open[paper] and will sell one if the market breaks down...and take out a short at that time also. Looks like we are heading down into noon Lets see if these forks are right ....? Edit Note ...the daily fork the market is following is also pointing 45° straight UP and near a lower tine