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To: Chip McVickar who wrote (24770)	6/4/1999 4:09:00 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 44573

I'll post you over the weekend on this thread, it's a lengthy description... not a price gap, but a time gap... the day the markets were closed..... GZ

To: Chip McVickar who wrote (24770)	6/4/1999 4:18:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Hey chip...is that an inverse head and shoulders formation????

To: Chip McVickar who wrote (24770)	6/4/1999 5:06:00 PM
From: Chip McVickar	Respond to of 44573

For those working with pitchforks this was my chart work last night on Nasdaq with the same tools I use on the SPX Time Projections Friday June 4th Open - 19 day....after the open and before 10:00 Off a fork in play for june 4 12:55 - 4day....Another of less importance Today's market activity was being contained by a batch of really dominant forks..... This is "A Good Thing" #1...Major forks A] The strongest is off Feb99 high...middle tine setup the recent bounce at 2345 Upper tine target - 2602 B] Sept98 with a middle tine at 2340± C] Feb high of 2410±....middle tine at 2570... Market has followed this lower tine at 2403 Projected target - 2570 These are very powerful....and should support a strong bull move? GZ Powerful >>smile<< #2...Minor Forks These are also strong A] 4/14 -- Mtine - 2685 -- Ltine - 2400 B] 5/3 -- Mtine - 2540 -- Ltine - 2380 -- Target - 2540 C] 5/26 -- Mtine - 2467 -- Ltine - 2400 -- Target - 2467 SO...... Notice the cluster of tines at 2400 from different forks around 6/3's close Then notice the similar target prices for this next move...2570 But the first target is 2467 and this is more reasonable. If anyone bought at higher prices....then these targets and especially 2467 should be very important and would just about resolve this next cycle....2467 may produce downside pressure. But also once over come would allow higher prices...even 2600. Finally..... This cluster of tine activity at 2400±....if broken significantly downward will indicate a good chance of going MUCH LOWER... The downside mark is about 2200 and then 2000. But these clusters of fork tines is powerful in Fork Land and with any luck...we might see these higher targets.