Hi Steve/Matt.

Recent price movements in SP500 are giving me the suspect that the index might be in wave 4 and wave 5 still to come. Comments?

Another remark: the drop is shorter in length (relative to previous uptrend) to be considered as the first completed 5 waves down in a big wave P3?

Is it possible to have the conference call using Internet ADSL/DSL connection instead of calling a toll free number? It will help members living outside US. There are several solutions availbale in the market. It might cost less for you.