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30 March 06 At the End of the Wilshire's Secondary Trail..... If day 111 of the preceding 23 week growth is a shared day with the current 23 week and final growth fractal, Wednesday 29 March will represent the secondary top for the Wilshire's March 2000 valuation peak. A minutely exhaustion gap was apparent during the last 4-5 points to March 29th's new (secondary) high 13224.74. If the days are not shared, the final high will be today or Friday March 31. From the lows in August 2005 the daily quantum growth sequence of x/2.5x/2x - that grew from a decaying 28/70 day sequence antecedent to August 2004 - is 56/140/112. For qualitative Elliottician, the wave cycles may be confusing because decay has competed with growth since October 2002. The weekly quantitative cycles since October 2002 appear to be completing a longer sequence starting in October1998. The weekly sequence since the October 2002 low is: First weekly fractal: 23 + 22-23 weeks Second Fractal: 16/4040/ weeks Third weekly Fractal: 23 + 23 weeks again. Fractally this is quite elegant with the second growth fractal having a nonlinear break near the end of the second 40 week and the total length between 2 and 2.5x of the first fractal23+22-23 = 45-46 weeks and the final 2 23 week sequences equally 45 weeks or 2X of 22-23 weeks, the second half of the first fractal with the major up slope growth vector. The third and final fractal of 45 weeks has either reached its apogee with a shared day between the two 112 day fractals or, if there is no sharing, has one or two more growth days. After the 112th shared day or actual day, a sudden collapse commensurate with the structural unsoundness of America's true global and domestic financial position which surrealistically parallels that of America's former sine qua non representative smokestack powerhouse industry, General Motors. As goes GM, so goes..... Expect the unexpected. Gary Lammert |