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Strategies & Market Trends : TA- Advanced GET

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To: Harold Lanier who wrote (200)1/13/1997 4:03:00 PM
From: Alton Stephens   of 1551
 
Harold, large PTIs are indicative of "immaturity" if the 5-35 oscillator has not retraced to at least zero. The PTI is based on relative areas under wave3 and above wave 4; if wave 4 is only incipient, then PTI is going to be very large and be meaningless- don't pay any attention to it until you get the required retracement.

Al
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