all, the burritos out her in San Diego are the best in the country- there I said it. I have a couple favorites and me and my son have a tradition of grabbing a Carne Asada or Cali Surf burrito every time we jam on some early morning jam sessions in the water surfing. the burritos blow anything that CMG can put on the menu BUT their stocks (don’t think any of them are publicly traded and most are local dive Mexican joints – the best type, right?) aren’t flying at over 1300/share. But CMG is …
if you search on my blog you’ll see we were all over the high at/around 700. then, frankly, I lost track of it and came back it to recently and was like “YOWZA DUDE!”
so, here is the biggest “other” w/ the CMG chart … it’s the 2009 low. It’s BARELY below the IPO price. But, because we try (operative word along w/ hope) to count waves we BREAK a rule by labeling it 2 after the IPO. folks we only have 3 rules and one of them is 2 can’t go below the origin of 1.
that’s the purist …
me, I’m not sure what I am so I’m going to allow a little slippage here and there …so here’s my count and if you give me that little/minor break of a rule w/in EWT then we have a VERY CLEAR 5 wave count …
and here’s some of the math and geometry looking for the shown prize zone for targets to complete this run ….1320-1380 ish …
having taken all of the other ‘stuff’ off the chart, I want to show you a very easy yet powerful way to create “true trend lines” … take any planet (helio) and then move the planet 10 degrees from an origin point (in this case we are doing the IPO date) and that is your TIME component. Now, just add 10 points to the IPO price and where they intersect – draw a trendline. you can see the closer/fast moving planets have a more steep angle and larger, slower planets have less of an angle.
now, use those angles and copy/paste them and place them on different points to see the natural trend … you see, these trendlines are constant and don’t change … the planets move at a constant speed for time immortal.
