another subprime victim, page-90

Hardball

The figure I got with Treggs is just an equal meaure of double bottom to the mid peak.

Just measure that again to get the number.

Many formations use that as increments and sometimes works precisely but its just a guide.

Use it from any rally for an equal step down etc.

For instance the last rally before the 2003 bottom gave an equal measure to the exact low less 1 pt.

I was a fan of EW but so much these days as when all try to apply a system it must change to confound the majority and EW was used by every man and his dog years ago.

The original and classic book is Elliott Wave Principle by Frost and Prechter.

I am sure there are a myriad of references on the web with basic principles espoused. Prechter has his own site and a EW club for free which make help.

Have a great trip and we will miss your technical posts.