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To: Shack who wrote (6468)7/7/2001 2:17:38 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
Shack....thanks for your thoughts....All week, I've been basing MY count(s) off some of your original assumptions (a few days ago), glad to see I'm in the ballpark-g

I am assuming that it would be pretty unusual for us to, after finishing 5 waves of this impulsive down.....that it would be unusual to begin a sequence of impulsive up (IN THE OPPOSITE DIRECTION)....in other words...odds are good that a corrective "2" will follow this 5 wave down impulsive sequence.......which also means, of course, a 3 (hmm..meat) is yet to come....

Is this a proper conclusion?