buck here's the one thorn jabbing me. the 80,40 wk low of 1/03/06 was the first i've observed going back a number of yrs that did not show a real tight commonality of individual stock lows. on this SPX chart i have a band showing the spread of lows among the INDU 30 stocks, 13 at early jan, 7 later jan and 10 early feb. applying that 6 wk range to current time provides this current range of possible lows. IF, a big if, this is the case, we might be much earlier along in the current 20 wk cycle. i just don't know. i've been throwing every phasing technique hurst has in the course to try and resolve this and it's just not clear.