Sorry, important correction, that flag top needs dropped to the
8/13 high, but first is a triangle boundry near 72.50, lowering my
expectations to there.
If that was a 20 day low, this may be the bear flag to make a little money on,
or hedge with for 4-5 days. I didnt get my bid on QLD calls but got some some proxy stocks.
The 10 day up cycle should be left translated and fall short in time. Next low is a
45 day low-low.
I do not get a 60 min buy signal, but expect one can setup intraday.
I may have something on harmonic cycles this weekend.

Edited by AChartist, 24 February 2008 - 08:46 PM.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan