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

To: Bull RidaH who wrote (19471)	3/26/1999 4:29:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 44573

BK, I have MSFT finishing 5 (from 3/24 low) of 3 (from 3/3 low) of 5 (from 2/18) of the move from the October low. What's your read? ATG

To: Bull RidaH who wrote (19471)	3/26/1999 9:27:00 AM
From: Chip McVickar	Respond to of 44573

David, The dominant fork for this whole period is the one off 2/24 High Spread is 3/19 High and the 3/3 Low... If you draw it out...please find that the market was stopped on the 24th at 1260± SPX...this forks Median Line. It so happens that today at 11:00 is the due date time projection. It's my opinion that this time or window will determin which direction the market will take and is an important part of fork reading. Lets see what happens. It might be useless and make my call an Oddity >>smile<< That's a strong Gap down on the Nasdasq Should be an interesting day Chip #1 2/24 High Mt = 1251 Ut = 1312 Lt = 1188 Now.....Your fork Median line off 3/3 Low Spread 3/19 High and 3/24 Low That's right 1311spx would be an area to watch.... So put those 2 up on your software and watch the market bounce around them.... You can do this Real Time.....Right, have these forks on the screen? Chip