bongo, i considered that phasing too but after examining the cycle low that fell between 4/11 and 4/17 on a large number of individual equities i think i have to label it a 10 wk low and the low of 6/28 as the next 10 wk low. i think hurst's commonality principle is going to have me adjust the last 80 wk nest of lows to best fit the price action of the majority of stocks. i'll most some more later tonight.