WAVE 5

Monday = WAVE 1
Tues - WEd = wave 2, so far
Thursday and Friday should be wave 3
Monday & Tues = complete wave 3 and start 4

Dec 9th has
52 hr cycle @ 1 to 2pm
13 day cycle @ 2pm
Its an 8 day TURn day

Dec11 = wave 4
Dec 12 to Dec 16 = wave 5
THIS SHOULD END the total corrective wave from Oct10, 2007

From there, I dont see any evidence for further lows in mid Jan which some are proposing
In fact I am VERY BULLISH thru Feb 15th for starters

There are several cycles converging this AM at 10am
hourly
258 bar cycles
50% of 13 day cycle

From there, today should languish most of the day and head for a serous sell off at the close and make its wave 3 move tomrrow

MY tech data is ONCE AGAIN screaming SELL
Arms 5 = 72.2
trin 5 = 361
trin 10 NOW under 10 at 98.8

Some pressure readings have dropped from 3015 to 3002, but others are still holding up or just showing signs of changing.
Power index at 450 drops during the day and heads for 300 tomrrow
Solar storms at 8 today and 15 tomorrow
Flux is at 900 showing negative forces are strong

futures at 8:30 are decidedly negative following Europe lower leading to that 10 am opening low

Best for Now
Jay