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Strategies & Market Trends : TA- Advanced GET

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To: Ross who wrote (466)5/8/1997 3:44:00 AM
From: Bruce A. Bowman   of 1551
 
Hi Ross-

For POYO, the entry was actually back on 2/3 @ > 3-7/8 on the daily chart with the trade still on. The weekly showed a b/o from the W5 channel on ~ 1/24 and GET had marked the completion of W5 with confirmation from the EW oscillator. At this point it's getting close to a double. To make an entry on the weekly chart you'd have had to wait until this week, probably today.

But none of this means anything if it doesn't feel comfortable. As you have said, whatever you do has to fit with your style. Reversals after a long downtrend like POYO has had are pretty scarey.

What are your aunt's and uncle's names? I lived in Redwood City in Peninsula Marina from 1979 to 1991. There's a chance we may have met. And the story about your aunt has a familiar ring... do you happen to have a cousin named Zack that's competed in line dancing? about 23 years old with red hair? If you do, I think I own one of your aunt's shirts! :-)

Bruce
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