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To: Shack who wrote (134007)	6/30/2006 2:24:53 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

Of course. Either way its bullish, the only difference is time frame. Yes - of course. However, as you know far better than most, time frame is the type of a "detail" that happens to be the Devil's favorite hiding place... -g/ng. If the June low was "A" - that would place us somewhere in the "B" - right? The question is, where. We could be completing that "B" - or only finishing the wave "a" thereof... but in either case, if the June low was indeed "A" we may be facing some pretty brutal bearish action in the coming months. It could be - inter alia - that we are in W2 of an ED off the May top. I speculated on this subject about a month ago. Message 22491798