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Strategies & Market Trends : TA- Advanced GET

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To: Ross who wrote (460)5/7/1997 4:49:00 PM
From: Bruce A. Bowman   of 1551
 
Ross-

re: XTL... I understand your view of XTL. If you can finally connect with an XTL signal as a reversal out of a W5, I think you'll change your mind. Remember that XTL is intended to highlite changes in trend (Tom refers to it as a change in 'bias' which I interpret as a change in slope of a trend line and not necessarily a reversal). The most significant change it can portray is coming out of W5 into W1. He talks about this in the videos and I've found it hard to locate with a scan [read that as next to impossible! :-) ]

Bruce
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