|
PureBytes Links
Trading Reference Links
|
Gitanshu,
FWIW Advanced GET calculates a Wave 5 top on the weekly VLE
and a Make Or Break Resistance bar at 1103 to 1121. Last year VLE's high
close was the week of July 16th. The previous year the high came in April
and the summer rally ended the week of 17 July. Of course in '97 the high
came in October six months after an April low--recent performance not always
repeatable.
Sorry I can't post a gif--re-formating the hard drives and operating
off a minimal system.
-- Charles Marchand
At 12:23 PM 7/11/00 -0400, Gitanshu Buch wrote:
>A friend alerted me to this pattern a few weeks ago.
>
>Still seems to hold water, though the divergence may be disappearing.
>
>Chart as of last night close. The 200 day ma is about 8% below current
>price.
>
>Gitanshu
>
>Attachment Converted: c:\eudora\attach\vle.gif
>
|