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Non-Tech : The Woodshed
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To: alburk who wrote (18575)12/19/2004 6:49:39 PM
From: nspolar  Read Replies (1) of 60925
 
Yes it would be hard to imagine, but it could happen I suppose.

I have an alternative on the bullish side .... the i abc off the bottom is an XABC. Per that we may be at a B bottom in an ABC up from that late July low, or a 'ii'.

If it is the B bottom HUI is still in some complex correction a la Petch. Petch thinks it is that way, and has this correction from early year as a huge running flat still in progress, that will do a B top at a new high.

GFI is a decent whack of the HUI. It may be a key player here.
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