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To: Shack who wrote (996)4/26/2001 10:43:02 AM
From: AllansAlias  Respond to of 209892
 
Well, i suppose we could be in a 5. Recall that that is one of our alternates, that the grind off the Apr 4 low was only 1-3 with the past few days being a 4.

Jeff's chart is invalid. Most notably, his putative 1 is just not possible.

I'll probably be accused of being rude again, but I assure everyone, this is not my intention:
Please folks, unless we spend some time studying the most basic rules, why bother throwing up some chart with a few numbers on it. It's a waste of our time and makes it difficult for readers to know the difference between what is valid and what is not. If one could even get to the level of Elliott novice in a couple of hours, then the discipline would not be worthy of study.



To: Shack who wrote (996)4/26/2001 10:46:04 AM
From: Jeff Jordan  Respond to of 209892
 
I suppose because I am stubborn and look at it differently, I'm sure you guys are right, I waited for confirmation of uptrend to start my 1 count...I didn't care about the wiggles..yes, it's still early for me to believe my chart is really saying 5...if we hit 2200 I will believe., That's why I look to others charts<g>....eitherway, time to buy puts...

tenlights.com

yes, allen I am a novice....