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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (17943)	5/5/1998 1:15:00 PM
From: Death Sphincter	Read Replies (1) of 94695

bobby....i tried the same read as you....Wave 3 ending on April 6 and Wave 4 ending on April 27th...it looked good and I was ready to sign off on it....BUT I have a problem. Elliott states that corrective waves... ABC ..... have subwave structures of 5-3-5 for a zigzag and 3-3-5 for flats........I can not get the subwave structure to fit. Although I can be creative and make a 5-3-5 ABC it doesn't fit like a zigzag because B exceeds the beginning of A. The ABC wave has the LOOK of an "extended flat" which are allowed to have a longer C but flats are supposed to be 3-3-5 subwave and I can't get a subwave 3 count out of the A. I haven't been able to make this read meet Elliott guidelines. It doesn't mean its wrong but I am uncomfortable with it. carl

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