|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content="MSHTML 5.00.2614.3401" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY>
<DIV><FONT face=Arial size=3> I have come to the same conclusion as Ton and
others from this</FONT></DIV>
<DIV><FONT face=Arial>list that the "Speed Resistance" lines are ok in
retrospect.....but</FONT></DIV>
<DIV><FONT face=Arial>not always reliable in forecasting. Now I ask if any
of you use </FONT></DIV>
<DIV><FONT face=Arial>"Andrew's Pitchfork" in your speculating? I have posted a
chart </FONT></DIV>
<DIV><FONT face=Arial>below with an example. Is this the correct usage or would
you </FONT></DIV>
<DIV><FONT face=Arial>choose different points for the pitchfork? I also would
comment</FONT></DIV>
<DIV><FONT face=Arial>that the S&P has made a lower peak on the 6-7-99 and
is dropping</FONT></DIV>
<DIV><FONT face=Arial>to a major support level (around 1275). </FONT><FONT
face=Arial></FONT></DIV>
<DIV><FONT face=Arial>Thanks in advance!</FONT></DIV>
<DIV> </DIV>
<DIV><IMG align=baseline alt="" border=0 hspace=0
src="cid:000701beb6d6$16b6fc20$6d142399@xxxxxxx";></DIV>
<DIV> </DIV>
<DIV><BR><FONT face=Arial size=2> Best
wishes,<BR> Adam Hefner.<BR><A
href="mailto:VonHef@xxxxxxxxxxxxx";>VonHef@xxxxxxxxxxxxx</A> </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial
size=2>---------------------------------------</FONT></DIV></BODY></HTML>
</x-html>
Attachment Converted: "c:\eudora\attach\snap254.gif"
|