Re: [RT] elliot-wave chart for csco, emc, msft, ibm

["Don Ewers" <dbewers@xxxxxxxxxxxxx>]

Lenny,
I noticed from your CSCO weekly chart your wave 4 retracements are from the
start of wave 1 (retracement of the entire move) FWIW.

 I have always been taught in AGET that wave 4 retraces wave 2-wave 3.  The
retracement to wave 1-wave 3 should only be considered if the red wave 4
channels are exceeded, then expect a .50 to .618 retracement?
don ewers

----- Original Message -----
From: <rosow@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, November 25, 2001 5:25 PM
Subject: Re: [RT] elliot-wave chart for csco, emc, msft, ibm


> TV,
>     Here's the CSCO weekly chart. GET's count in the circles. My count in
the
> large blue #'s.
>
> Lenny
>


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