..we may have already had the Armstrong low, there's no way of knowing until we're looking far enough back at it. Still possible to get a June high, with a double fibonacci extension, that might equate to something exciting happening mid year in 2012, when certain pundits think hyperinflation breaks out in the US. Last time there was a summer high (2006?), the low came the following September if I recall correctly, so I'm not sure what that means. Maybe that's why Armstrong is hoping for a summer low this time around.