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Re: Pitchforks



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On Fri, 03 Apr 1998 18:34:01 -0600 (CST), you wrote:

>>Rob and all
>>
>>I find pitchforks fascinating. Putting pitchforks inside 
>>pitchforks throughout the day seems almost to lay out a roadmap for 
>>the day. Using these "tines" as support and resistance levels 
>>it seems a very use adjunct to ones own setups.
>>
>>I'd be interested in anyones thoughts on the "rules" they have 
>>gleaned from the use on this tool, e.g., when to ignore the most 
>>recent pitchfork and fall back on the "stronger" one.
when price breaks below the tine, fall back to a previous fork.