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Don-
Thank you very much for your valuable charts and
commentary. I don't know that much
about either Gartman or Futia, only of course that they
write letters. I take it
you like their records on gold?
Chas
----
On Mon, 28 Apr 2008 07:20:28 -0500
"Don Ewers" <dewers@xxxxxxxxxxx> wrote:
> Chas,
> I am in the AGET long term count since the 5/35
>oscillator, in the current wave 4 pullback, exceeded the
>-1.40 level below the zero line, signaling a switch to
>longer term count and the 10/70 oscillator (see attached,
>I added them).
> Don Ewers
>
>FYI - I don't know if you respect D. Gartman or not, but
>he sold his long gold position last week in the mid
>$920's and he is now bearish gold. To use his words today
>"GOLD'S ETF:GLD:The Early Stages Of A Bear Move Of Some
>Very Real Consequence?
>
> Carl Futia is calling for a move to 780-800 also?
>
> ----- Original Message -----
> From: Charles Meyer
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Monday, April 28, 2008 4:39 AM
> Subject: Re: [RT] Spot Gold
>
>
> Don wrote:
>
> "AGET's PTI (profit taking index) is very close to
>sending
> warning for (1) a double top in the pattern ( a move up
>in
> a wave 5 will double top) or (2) a failed 5th wave
> (meaning B was a "failed fifth" wave up). Time to be
> careful with this puppy?"
>
> -----------------
>
> What time period do these price patterns cover? I'm
> getting a different count? Tks for any comments.
>
> Chas
> -----
>
>
>
>
>
>
> ------------------------------------------------------------------------------
>
>
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------------------------------------
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