good work customers, page-11

no worries monopoly. I find the whole politics of the situation really interesting.
As far as chart patterns are concerned, I think we are in the fifth wave of the downtrend/consolidation phase. The fifth wave is usually the biggest so we may have a little bit to go...maybe 13.5-14c on a really really bad day.

BUT... once this phase is over we will be at the start of wave three of the bigger trend. Generally, it is at least equal in size to wave one which ran from 3.5c to 32.5c or 29c in total. Add that to the bottom we will hit shortly and we get somewhere between 42c and 45c.

(As a footnote, wave four is usuually a short term affair before wave five runs by at least 1.61 x the size of wave three. In other words, if we are to run true to Wave theory, we should hit 43c, pull back to 36c then run to 82c.)

This is all thoeretical but assuming the SP gets a move on at some stage in the next month or two we should have some joy to make up for the pain endured up to now!!!