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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Jan Robert Wolansky who wrote (8848)5/26/1998 12:13:00 PM
From: Chris  Read Replies (5) of 42787
 
since i know you've used GET, PTI reading for DELL is @ 74 as of friday's data. elliot wave says we just completed a wave 3 top.

im also seeing a 21 day moving average bounce where DELL will find support.

so we are setting our selvese for a TYPE ONE BUY strategy. i also have WAVE 4 price tgts of 74 and then at 67 (dont know how accurate the elliot wave price target are).

The bias reversal did a good job for the WAVE 3 top. mine was trigger on 5/6/98 (bias reversal calling a high).. actual top was on 5/13.

Parabolic Optimized SAR did a pretty good job on the exits as well.

XTL price bars are still in blue. so we are looking for a continuation BUY. the XTL did a great job for the rallies in jan 1998 and mid april rally inception points.

summary: with the high PTI reading, i expect a new high rally on the next wave (ie: wave 5).. thus, no double top or failed wave 5..

can you add anything Jan? would like to work together on some GET analysis..

im still on video #2.. but i think i love this program alreaady..
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