the ewave calls for much lower prices

i have gone over and over this looking at different stocks and indices. what i see is we are somewhere in a wave 3 that started on aug 1 it is not anywhere near being finished yet imo. thats my take fwiw g

I have one more weekly cycle swing up starting in about 3 weeks. Putting it all together, I think there is a minor iv which Friday was part of and Monday bounce is minor, a swing low, a larger 4 consolidation up to about 10-12 days from now, probalby not closing above 1234 but peaking above. And the final low running from 12 to 18 days from now. The emotional response that debt is trash and dividends are valued , with overall political power of corporate layoff being able to transfer unlimited costs to the public debt. This may explain this last weekly swing up and then it is over throughout 2012. I don't have a timing yet for the next swing high but I expect the low about 1088-1100 on Aug 24-25. My weekly cycles have been very consistent but around this 1200 level it is beginning to adjust with daily inputs, the next week to 10 days is critical. If it did drop directly without these iv and 4 bounces burning time, it would bottom earlier as the weekly cycle lows are shifting left and getting closer. It really not going a lot lower where Friday was in the mid 1100's and target is about 1100 but there is still time risk, why be too early.