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


To: SE who wrote (14834)2/5/1999 11:07:00 AM
From: Chip McVickar  Respond to of 44573
 
Hello Scott,

Well this market has been very happy with this middle tine and fork
off 1/4.....For a month now in this sideways band.
It's not pleased about leaving Home...

But the lower tine is about 1214 and the upper about 1275spx
With another M-tine cross at 1214-17 this looks juicey

There's been 2 round trips since 1/4 within these boundaries.
We are in the 3rd
This fork was well established buy 1/19 and with a position trade
we couyld have done very well just by trading the fork.

I caught the Last bottom on 1/22 with 2 longs.
I've got 2 shorts [paper] from this last 1277 peak,...
Hoping to see it work out...
Getting better at seeing these larger formations
Chip