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This is how Advanced GET sees the current situation.
Attached are SP daily and 50 min charts overlaid with Gann box.
Both charts show that we are at some support but there will be another down move considering wave count and PTI > 35.
I'm not recommending anything here.
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On 8/29/98, at 8:57 PM, khanitha wrote:
>Hi rt's
>
>Technically speaking, look at the chart and what i am about to
>claim/explain.
>I just printed out the dow "weekly" cash. I get end of day charts from cts
>in florida.
>I've noticed in the past that sometimes different services are off a few
>millimeters depending on how they graph. Meaning some trend lines are
>perfect 45 degree angles with some chart services while not quite with
>others. Has anyone done any serious research on that small % difference
>because here is what i am getting at. PRINT out a copy of the weekly dow
>(cash), with what ever service you have and see if you get the same thing i
>do?! Once you have printed it out, grab a blank piece of perfectly
>STRAIGHT paper and prepare to be shocked (bulls). Here's what you do--->
>hold your straight edge at the point of that absolute low print on july
>'96, then form an uptrend so that your straight edge just touches the
>absolute low print of last october
>(oct 1997) lows, then GUESS WHAT??? the "3rd" (magic "3", i love that
>number!! as an aside, i was born on the "3rd") times a charm for the
>bears!!! It appears we closed below that HUGE uptrend. WOW, can you say
>"waterfall" now? PLEASE
>everyone do as instructed above with whatever service you use, once you
>have printed it out and connect the absolute low print of july 1996 to
>october 1997 to this past week! do your graphs show the same BREAK of the
>line for the "3rd" touch of it???
>PLEASE, everyone, what were your results?..........
>thanks and comments welcome
>gary
>hawaii
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