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Strategies & Market Trends : TA- Advanced GET

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To: Temple Williams who wrote (956)4/3/1998 5:33:00 PM
From: Gary Burton  Read Replies (1) of 1551
 
Temple--I find your website interesting and I put it in my favourites. I see from your daily count that you measure the uptrend as starting from the late Oct low. This allows you to count a 1-2 and then the current 3. I would buy that if I could see 5 waves up in your initial w1. It looks very much like an abc to me and this is the main reason why I'm still sticking to the w4 ending with a small (e) in late Jan. As I said before, thrusts out of a w4 triangle often do not allow for any material decline to enable one to clearly measure a (ii) and a (iv). Once it's over it's over. So far, the thrust keeps steamrollering. But, it's getting close i think.
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