Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary E who wrote (20357)	4/7/1999 5:37:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Time Projections are a feature of the Pitchfork... It is much more then some intracranial activity that reqiures my posting the damn things <<smile>> They are an intrinsic function used to locate "Windows of Opportunity" and to focus one's attention through market noise. They are used in combination with the fork tines to project and anticipate the market. 02:30 - 21d....this means it was formed 21 days earlier when the pitchfork was formed off 3/3 Low. Further out Tp's seem to have more strength? They demonstrate uncanny features, but are not always of 'great' value. I locate them every day that I expect to trade....it takes about an hour....and post for others to laugh about and enjoy. I actively trade them [still on paper], but do so inconjunction with the forks I'm concentrating on.... Example: 3 Tp's from 10:15 to 10:45 coincided with the cross of 2 tines set for 1328± SPX on the day. The market failed to continue Up on the 10:30 8day Tp.... So I went Short at 1326±.....Selling was a problem....missed the bottom of the day, but got out at 1:15 when the market failed to hold the 12:45 Tp. Now....12:45 had a 2nd Tp - 2day that formed in the morning turn.... This fork did not exist before 10:30 and was not posted. Two Tp's at the same time is powerful. But I was wrong... I added another short and was taken out for -2, but made some off the morning shorts. You MUST use other data to confirm your entries. Again.....2:00 Tp went long and waited for 2:30...got Lucky and the market went up. BTW....1315-18± SPX was a close Middle tine off the near the fork that had projected the move back in 3/3.... Perfect set-up and will be held over night. Is this making any sense? Chip