To: morokko65 who wrote (26019 ) 4/17/2005 4:17:29 PM From: nspolar Read Replies (2) | Respond to of 60929 I think it was actually below 1000. There seems to be a pivot on the monthly chart at around 960. In reality I have no good idea. It would seem difficult to go that low - but go look at corrective patterns on the Nikkei. It made some really wild swings over a short period of time when it was doing an apparent B. So I think it can happen here as well. What I was looking for was some sort of ABC pattern. It does not seem to me the C has yet occurred. Prior to this most recent period I had Nasty in a 5th of A. But I think that is likely out here now and I don't feel the last move up was an impulse. There seems to have been too much slippage for this move down not to continue, after a rebound at some point. All in all the last move up now looks more abc like to me and thus would fit the b of B scenario. The b can go higher than the A top. If Nasty is in a c of B down, it should correct down to some fib retracement off the A up I would think, as opposed to the top of the b of B, but it could work out either way. In a year plus we should know how it all turned out I would think. As for USPIX you would want to look for an inverse pattern off the last top. For a several reasons I won't divulge I am still targeting early July or early August as a big top area, now it might likely be a ii of C per my latest NDX count. If we are so lucky Nasty may correct most of its losses back. That big Bradley turn in July has some merit imo and is part of the picture. If the latter half of this year is bad as I suspect, USPIX from the next top will make a really nice move, but one must remember the C of Nasty may not yet have happen. Thus at some point USPIX will reverse and slam to new low. I just looked at USPIX, the monthly looks real good. It is turning up very nicely. If we have had a 1 of c of B down on Nasty, or about, the 3 of c of B will really heat up USPIX. May even take it back up to the 40 area, for a B top. I also like the looks of CALVF here fwiw. If it turns the corner from here I think it will actually head to 2 bucks or so, before it puts in a top. It could even continue on to the the 6 buck Canadien area. OTOH there is a bearish angle too ... it could go to zero. However the only count that I can get to work out form late '01 is a huge bullish flat nearing an end. Madison is a very similar chart and I get that one the same. I still have 2 million shares of CALVF. I prefer the 6 bucks route. By the way I think your USPIX has been excellent and keep up the posts and good work.