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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (5376)2/3/1999 10:45:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
Good catch but I am looking for a shorter term fork with a tighter range to catch short term swings. When I use the 1/8 high, it gives me a larger fork than yours shows. If I use the 1/25 high though it looks like yours and contains the moves so far perfectly.

Not sure if it is legal or not to ignore the prior high swing from 1/8 to 1/19 though. I am still no expert on forks.

I am more interested in the SPX and OEX any way and the downward forks are working so far although I would not be surprised if they run this thing up for the weekend. Some people joke but the "fool J6P" indicator has been pretty good the last few months.

How long before you break out the I-35 road kill system?

Lee