outlook, page-3

Robbbbbb

I too feel you are stretching the frienship with your EW count on weekly.

Whilst your count is probaly valid, the wave 1 and 2 look out of proportion to me.

To my eye, wave 1 would be the Mar '08 lows and 2 at the May highs.

That would leave Nov '08 as 3 of 3 or of course 3 of C if an ABC rather that an impulse wave.

Either way it suggests a lower low but I am an EW cynic these days.

I have no argument with your other analysis and so you will probably shove it all back at me in the weeeks ahead, lol.

Nice to see some serious work.