[pic]                         1.After a big, 5-wave down move, BHI forms a  1-2-3bottom.                         2.At B1, the Generals come for the stock  in  size,breaking it out of the ascending  triangle,  ascending  wedge,  or  whateverelse you would like to call it. The key point is that at the  B1  inflectionpoint, BHI traded above the highs of the previous 4 – 5 weeks and did so  onbig volume. The "GAME WAS ON" at that point.                         3.At B2, BHI makes a new high above swing  point  2after making a high low at swing point 3. The stock trades and closes  aboveboth the 10 and 30 week EMAs. The  trend  at  this  point  is  up,  and  BHIbecomes very tradeable regardless of  whether  you  day  trade  or  positiontrade.                         4.At B3, will BHI breakout  of  this  consolidatingrange? I don’t know, but we will see the Generals give us a  warning  beforeit does. (Note: As I am writing  this,  BHI  breaks  out  of  the  ascendingtriangle on good volume at 11:30 AM on 8/9/99 and is trading at 35  5/8,  up2 ź).