TA- Advanced GET Message Board

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Strategies & Market Trends : TA- Advanced GET

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To: Alton Stephens who wrote (251)	1/19/1997 8:45:00 PM
From: Gary Burton	of 1551

Alton-IPEC was one I was waiting-in vain- to buy too once it made a final low W5-which it never did--another example of an ABC-x-ABC correction which bottomed at GET's W3. GET is really geared to a 5 wave impulse system strategy rather than 'properly' labeling corrective waves so when we see a stock that has gone down say 70% from the top and GET is still at a W4 then we may remember IPEC, LRCX, AMAT etc. Even with it's defieciencies, GET is still a very good package which I use every day--it's just that I've learned to be suspicious of it's counts and so i often use the What If feature to force a new low to see if and how GET would relabel---the desire is to get the relabeling over with before the fact rather than after. Kind regards.

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