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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Dale Schwartzenhauer who wrote (717)4/15/1997 6:14:00 PM
From: gonzongo   of 3325
 
would love to see a chart of DOW showing wave pattern. I am not experienced in wave theory- just know enough to be dangerous. A number of folks here(not me) use advanced GET which plots waves and is quite cool but costs a pretty penny.
I just thought I would stick my neck out since you did such a good job of it first.

Either way- I just want to be flexible enough to ride the surf whichever way it goes. Am pretty much short the techs and enjoyed the divergence between the 2 major indexews today.

6100 is a 50% correction from July lows and is a reasonable target if we don't go into a bear cycle. if we do your numbering will be helpful to sort things out.

others??? any thoughts??

yt

andy (Dorothy- do you think the Wizard could get me..... "if I only had a chart")
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