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To: Kona who wrote (19886)	9/3/1998 1:47:00 PM
From: Lee	Read Replies (1) \| Respond to of 50167

Hi Kona,..Re:can you explain what a coil is ? Like a coiled spring or a compressed torsion spring. It physically implies storage of energy and sometimes when price action exhibits this configuration, we get a big move either up or down. Hope that helps. If you need a picture, let me know and I'll post it. Regards, Lee

To: Kona who wrote (19886)	9/3/1998 2:13:00 PM
From: IQBAL LATIF	Respond to of 50167

Coil is a pre bhumbo in my terminology-- Bhumbo is a straight solid rocket which goes up like a projectile tearing everthing on its way-- Lee is kind but coiling bhumbo is pretty dangerous configuration whichever sides it breaks it breaks with ferocity and goes thru everything-- one coil was Bhumbo one from 750 to 980 the second coil pre Bhumbo was 990 to 1130 and the third pre coil bhumbo was 1130 to 1250 we did not make it to the top- now I see coiling remanants on charts at 8600 or 7500 if I forget the interim Bhumbo 2 movement, based on a coling affect of 7500- 8000 I can expect a new Bhumbo emerging soon.... coiling has to take place before a move-- I see coiling on Bund Matif and Tb's==