T/A ETF AND INDEX

[POKERSAM]

Long Term Charts - I am still expecting the stock market to decline in one more leg down of the Grand Super Cycle [IV] to a new low for the correction that began in 2000. This leg down will be accomplished in five Cycle waves ending below 600.
When it would begin has been the only question for me. There have been several possible tops in the last year or so. If you use EWP then you are aware that tops and bottoms can only occur at certain times. This is dictated by the wave structure. The wave structure must be conducive to a top or bottom for one to be possible. Are we near THE top?
We are very close to finding out.
One other thing I guess I better make clear is that I am NOT saying we will hit the bottom in 2014. When we hit the bottom depends on how fast we go down. Note the first leg down was much slower than the second leg down. The second leg down was a C wave and they are usually faster than an A wave. This next leg down will also be a C wave so I expect it to be fairly quick. I still believe it will take 3 to 4 years to complete.