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In a message dated 2/2/00 7:22:10 AM Eastern Standard Time, eadamy@xxxxxxxxxx
writes:
<< Congratulations on mastering the GIF!
Another AGet view of the daily. w.3.3-w.5.3 divergence and w.4 pullback
to zero which is the signal to begin watching for entry to w.5. The 53
PTI indicates w.5 is projected to make a new high above the w.3 high.
Tuesday broke out of HiLo-Flip channel and closed above it - a entry
stop should be placed one tick above yesterday's high. My NASDAQ breadth
models are on a sell so I will not take the signal.
Earl >>
Good morning
I agree with your view and i also noticed the divergence on the osc too
however, i think that your price channel is too narrow
(it should have at least 13 trading days between the hi day and low)
the BIGGER the amount of days in the price channel the MORE meaningful is
the
breakdown out of the channel
and thanks for the compliment on the mastering of the GIF
p. s
will not take the long ND either,
will wait and see if we break 55 and 55 day expo m/a
happy trading
Ben
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