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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Gary Burton who wrote (52668)10/8/1999 1:15:00 PM
From: RWS  Read Replies (1) of 95453
 
Gary

I may be confused, but aren't C waves usually subdivided into 5 waves according to Elliott. Seems like they are usually the strongest of the ABC series. If my memory serves me, the ABC combo can subdivide as either a 3-3-5 or 5-3-5. If you think the C is part of an ABCDE series of five 3s then the abc subdivision is valid. Do you have other interpretations?

Thanks.

Regards,

RWS
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