TSX update

tsx may 8 2012TSX may 8 s 2012

Just a quick update. It is educated guess more than anything else. Looking at the bigger picture the overlap that clearly occurred suggests that we started this (wave 3 of C ) with a series of 1-2’s. Today , with 250 points down at this time we could be in a 5th with of 3 , implying a rebound in the next few days. Overall there is still a long way down and consequently any early attempt at counting this thing is mostly academic.