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It is a
simple pitch fork with
the lines extending all the way
this makes it hard to figure out which points are used.
RM
At 07:30 PM 7/26/98 -0400, Alan Sears wrote:
>
>
>>Here is my chart work on this:
>>
>>You can place your stops below the line and reverse
>>if they close below in the next few days.
>
>
>This looks like a simple "pichfork" using the
>points
>
>Apr 16 low
>May 15 high
>Jul 15 low ??
>
>However, with the lines extended backwards in time it
>gives the illusion that the market stopped at the lines
>when in fact they are drawn with hindsight ???
>
>
>
>Attachment Converted: "e:\eudora\attach\AD_cc8u.gif"
>
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