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Clyde,
Interesting but AGET also has a target down in that 1000 area.. The PTI is
on the edge though which is a measure of wave 5's ability to make a new low.
Below 34 normally indicates "look" for a double bottom or a "failed 5th
wave" (one that never materializes). The ellipse tool caught the wave 4 high
almost exactly (as did the 50% retracement W2 to W3), wish I would have seen
that before, hindsight now.
Maybe the pattern looks too good to be true. They never make it that easy do
they? Other posts seem to indicate we are ready to rally, as does your
STimer if the projection holds? Anyway another view.
don ewers
----- Original Message -----
From: "Clyde Lee" <clydelee@xxxxxxxxxx>
To: "SwingTimerTS2k-List" <SwingTimerTS2k@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, June 15, 2001 9:02 PM
Subject: [RT] Thoughts for Weekend
My thoughts for the weekend.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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