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To: JRI who wrote (19737)	11/6/2001 8:38:16 PM
From: Shack	Respond to of 209892

Actually an expanded (irregular) flat is 3-3-5. You have to accept the April rally as 3 waves which I have mentioned before is possible. The problem I have with that scenario is that the 'C' rally usually (not always) goes beyond the 'A' in the expanded flat. I have a hard time seeing the COMP past 2300. There is also an outside risk that if that count is right, we got into the '3' of '3' on the 30th. But I think we are too overbought for a '3' to just be getting started here. We shall soon see.