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To: kimberley who wrote (8411)3/17/1998 3:12:00 PM
From: Tom Byron  Read Replies (2) | Respond to of 116794
 
kim:

Take a look at mgl.ca and the cycle below the XAU chart. (remember this chart has NOT ben updated for a week. But looking at the Bar chart and the cycle below, one can see that we have past the half-way point of the 10 weeks cycle. Therefore on THIS cycle we are now in one (1) of the DOWNSIDE (the last 5 weeks or last half of this 10 weeks cycle. Again, it helps to draw in the 1-2-3 up and the 1-2-3 down.

I do this in a porportional way. the VERY TOP of the cycle is 3 of the 1-2-3 up. We have now past that point and are now in the 1 of the 1-2-3 down. Sorry if I am repeating myself.