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Strategies & Market Trends : TA-Quotes Plus

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To: Richard Estes who wrote (9184)	4/2/1999 11:01:00 AM
From: Blake Turner	Read Replies (1) of 11149

Richard, Not the results I expected either. My personal experience has been when a stock makes a new high it pulls back to the previous high or a few percent below it and it will either go into a base building phase or it will accelerate and go. Of course sometimes the overhead supply pushes it way back down. Another project I am working on relates to the new high and it's current wave count in GET. Is it a w3 running or is it a w5 completion etc. I know you have worked with GET for many years. Have you ever studied the correlation between 52 week high and wave counts? Blake

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