Baires,

Good answer. The one you want is the one that keeps the POG down for as short a time as possible, i.e., the one that does the least technical damage. Technically (and obviously) the higher turnaround points indicate a more robust bull market. Let's shoot for either #1 or #2. That would probably result in only a blip on the monthly chart, resulting in higher average POG.

That was easy. LOLOL

Strike