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To: JRI who wrote (93798)	4/13/2001 9:40:49 AM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

Yeah, BC and I have been touching on this for months -- wondering when the big multi-month rally would start. We always looked at this question wrt to Elliott. I think there are possible scenarios here that some do not appreciate/respect. The most outrageous example would be this: who's to say that we have not finished a large A-B-C in tech off the March top and are now heading to new highs in a new bull move (i.e., just for fun, imagine that we are now beginning a large impulse wave 5, where what we have seen since March is only a 4). In the smaller timeframes, the key question for me is are we correcting within the move coming off January -- in other words, is the leg that began January 31 over? If we can be fairly confident that it is -- that it counts out properly, then yes, we have to look at this rally as something of a higher degree. Your two posts raise some good questions. I'll be posting some counts this weekend that we can use as the basis of further discussion.