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

To: doug-e-mini who wrote (23519)	5/18/1999 5:44:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

doug, Bonds. ACK! Just ran some forks and we broke the lower tine of the fork the market has been following, so I put up a 60 minute chart. On that a fork can be drawn using 1/28 high, 3/4 low and 4/9 high. that fork's middle tine is at 114'13 today and falling at a rate of 7 ticks per day. That is where we are heading. The upper tine of this fork has been violated, but in essence has held as prices came back into the range. THe violations are not enough to negate this fork, IMO. Too bad we did not sell 123'16 back in early April! :) Oh well, another day, another missed opp.....tomorrow a new day dawns..... WOW, 114.....OUCH. -Scott PS - Don't miss the updated pretty pictures! markets.tradingtech.com markets.tradingtech.com