Let , a prime, and any representative of the Bousfield class of the telescope of a finite type complex. Also, let be the Lubin-Tate spectrum, its algebraic -theory spectrum, and the extended Morava stabilizer group, a profinite group. Motivated by an Ausoni-Rognes conjecture, we show that there are two spectral sequences with common abutment of the continuous homotopy fixed points of , where is continuous cohomology with coefficients in a certain tower of discrete -modules. If the tower satisfies the Mittag-Leffler condition, then there are continuous cochain cohomology groups We isolate two hypotheses, the first of which is true when , that imply . Also, we show that there is a spectral sequence

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