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[gannman]

this whole wave down imo started july 25 at about 1344 we completed wave i down aug 19 at about 1122 for 222 point drop in wave i we did an ABC wave ii which completed sep 8 at about 1205. the C wave ended before the 1230 to 1250 area most of us were expecting . imo showing weakness in the markets. so wave iii down started sep 8 and i expect it to be at least 330 points taking us to at least 875 on the sp before its over. sep 19 is an important day in my workl, since wave 1 was 25 days i expect probably 34 days for wave iii from sep 8 taking us into oct 12 area. i dont expect this whole large wave to complete until early to mid march 2012 and the sp will probably be around 700 maybe lower hard to tell. bottom line is this we sb going to 875 area between know and mid october imo g