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Thank you Don. What is "MOB"?
Also, Thanks to BobR regarding the usefulness of normalized indicators and
regular indicators in terms of "saturation" of normalized indicators. A
light bulb came on at my house.
Dan
>From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
>Reply-To: realtraders@xxxxxxxxxxxxxxx
>To: <realtraders@xxxxxxxxxxxxxxx>
>Subject: Re: [RT] STK - MO Wave Count- Weekly
>Date: Thu, 1 Mar 2001 12:25:38 -0600
>
>Also right into a MOB of the last weekly pivot (forgot to put that on the
>last chart).
>don ewers
>
>----- Original Message -----
>From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
>To: <realtraders@xxxxxxxxxxxxxxx>
>Sent: Thursday, March 01, 2001 12:18 PM
>Subject: Re: [RT] STK - MO Wave Count- Weekly
>
>
> > Here is the weekly view and the wave 3 there is very near a 2.618
>expansion.
> > As mentioned before in a post only 8% of the time is that exceeded?
> > Basically the daily chart before is starting at the wave 2 starting
>point
>on
> > the weekly. So either wave 4 in either case, be careful?? Hope this
>helps.
> > don ewers
> >
> > ----- Original Message -----
> > From: "Don Ewers" <dbewers@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Thursday, March 01, 2001 12:10 PM
> > Subject: Re: [RT] STK - MO Wave Count
> >
> >
> > > Up in a big wave 3 at this point, so I would tighten stops and watch
>for
>a
> > > 6/4 ma channel sell signal or close below the regression line. You
>maybe
> > > headed for a wave 4 consolidation.
> > > don ewers
> > >
> > > ----- Original Message -----
> > > From: "Dan Harels" <harelsdb@xxxxxxxxxxx>
> > > To: <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Thursday, March 01, 2001 11:16 AM
> > > Subject: Re: [RT] STK - MO Wave Count
> > >
> > >
> > > > Could someone coach me on the longer term wave count for MO. I can
> > start
> > > at
> > > > a couple of different places and get 5 waves up. One starting point
>for
> > > > Wave 1 is the low of a year ago. The other is the low of September
>00.
> > I
> > > > lean towards the September starting point but am not sure why. Does
> > > anybody
> > > > else see five waves and where would you start counting?
> > > >
> > > > Thanks,
> > > >
> > > > Dan
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><< MOweek022801MOB.gif >>
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