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To: JRI who wrote (334)	4/19/2001 2:53:31 PM
From: pater tenebrarum	Respond to of 209892

that's possible too, but then i'd rather expect the 23rd to be THE high, and the 2nd to be a secondary, perhaps slightly lower high, but the one from which an acceleration down begins. recall e.g. the late January cycle turn(s). the NDX topped out on the 24th, which was then a scheduled high, but the rest (Dow/SnP) only topped at the next turn on the 31st. and only THEN did the decline pick up some steam. could be a somewhat similar situation here. perhaps April 23/May 2 will only be the beginning of the B...that's certainly possible.