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

To: Jerry Olson who wrote (13412)	1/22/1999 12:56:00 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 44573

OJ Take the spread and bisect it....I do it with a clear plastic ruler then run a line off the morning low through it Market broke off the middle tine at noon Now at the lower tine about 1226-7 Market just bounced off that tine This is important area...if the market breaks that lower tine It's Descion Time Do you.....sell or wait and how far south of that Lower tine do you let it go before selling? In hind site selling at the M-tine break at 12:00 may have been the best move. That's why I'm doing this....to look at these forks work. OJ>>>>>>>There will be a move at 1:00