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To: Shack who wrote (18567)	10/31/2001 7:48:35 AM
From: AllansAlias	Respond to of 209892

I don't know about the wiggle count, but I find the '1' too long. It would project a deeper decline than I am prepared to favour here. I would probably call the 'flat' we are in just now a '4' with just one more down leg to come to complete the decline.

To: Shack who wrote (18567)	10/31/2001 8:47:01 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 209892

Thank You Shack, Must have typed out the wrong numbers, it was late.... For those interested here's Hitt's Bearish Count.... Quote: "The chart below is the Elliott Wave bearish perspective count of the QQQ Nasdaq-100 tracking stock. Completion of wave 4 of 5 occurred January 31. Wave 5 of 5 as part of a (3) of (5) low completed on April 4. Wave (4) completed on May 22. The drop below the wave (3) low confirms a wave (5) in progress. Wave 5 of 5 to a (5) low may have completed on September 21, subject to a retest currently in progress. (This chart was created by Robert Hitt @astroecon.com.)" Bullish Count: "The chart below is the Elliott Wave bullish perspective count of the QQQ Nasdaq-100 tracking stock. The low made on September 21 would be the culmination of 5 of 5 to a (C) and and (4) low. This perspective will be negated by a drop below the September 21 low. (This chart was created by Robert Hitt @astroecon.com.)" Charts are protected hahnscorner.com