[RT] Re: [gannsghost] Naz

["Steve" <gts@xxxxxx>]

Thanks for the credit gk, I have found that the 135 
minute chart is excellent for mid/longer term analysis. The 405/3 = 135 min and 
equal to the 3 trading periods of the day. Look at the convergence of 2 time 
cycles, a fixed and a fib expansion all pointed to today at 11:45 for a rally. 
Also the notice the symmetry of the moves by squaring the chart. There were too 
many indicators that gave a change in trend signal here to list. 
 
I don't daytrade the Naz, so here is my ES 
chart
Steve
 
 
 
 
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  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  gk 
  To: <A 
  href="mailto:gannsghost@xxxxxxxxxxxxxxx"; 
  title=gannsghost@xxxxxxxxxxxxxxx>gannsghost@xxxxxxxxxxxxxxx 
  Sent: Friday, August 10, 2001 4:27 
  PM
  Subject: Re: [gannsghost] Naz
  
  Lee,    No, I have not considered 
  drawing fans from the sidelines, but I will experiment. Thx for the 
  thought. I tend to think once price has moved outside of the pfork that it has 
  "expired" kind of like Steve mentioned a while back w/ his arcs expiring. As 
  price and time is always looking to the next squaring, my gut tells me 
  the prior 2 waves (or 3 pts) point the way to the next turn or abc to 
  point to d, but hey, that's just my gut. 
   
  I try not to anticipate far out at all. 
  Currently, I am just concetrating on what's in front of me. Like Tiger, he 
  focuses on the shot at hand, not the next hole. I am just focusing on this Naz 
  mini bottom that is trying to take place and get a foothold. If it can't get 
  get rallying and starts to break lines to the downside I will go short and if 
  this blue fib fork is broken to the downside I will delete it and wait for the 
  index to bottom on another angle and then redraw for the upside move to 
  eventually project the topping of that inevitable upmove. Talk about a run-on 
  sentance !!!
   
  I hope that I was helpful.....
   
  gk
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    <FONT face=Arial 
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    <SPAN 
    class=020543719-10082001>this is an interesting way to use the forks, If I 
    am currently looking for a zig zag (3 waves) up to about 1980 and using your 
    chart would I expect that wave A has completed and the wave B should bottom 
    on the magenta line around 1940 w/ the wave C topping on the next megenta 
    line above the current location at about 1970. if this is a correct 
    interpertation where would you anticipate the next wave down to end or am I 
    just off base. also have you considered using the fans on the side lines of 
    the fork as well as the middle line and is this different from just putting 
    the fans on major piviots.
    
      <FONT face=Tahoma 
      size=2>-----Original Message-----From: gk 
      [mailto:garyk106@xxxxxxx]Sent: Friday, August 10, 2001 2:51 
      PMTo: gannsghost@xxxxxxxxxxxxxxxSubject: 
      [gannsghost] Naz
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