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To: velociraptor_ who wrote (3927)	9/30/2002 10:38:32 AM
From: illyia	Respond to of 10157

What does breaking support levels, etc, do to your count? Does it change the ABC? Please share possibilities as well as probabilities. Thank You, illyia

To: velociraptor_ who wrote (3927)	9/30/2002 10:40:20 AM
From: JRI	Read Replies (1) \| Respond to of 10157

Velo- No way we can quick slide to 7100 here? Do you have an alternative wave count that could get us to 7100 in next couple days, and then retest of broken bottoms (7500-7600), and THEN a wash-out (into end of Oct/early Nov) below 7100 (COMP to 1000?) that would set-up your multi-week/month powerful rally?

To: velociraptor_ who wrote (3927)	9/30/2002 10:58:45 AM
From: At_The_Ask	Respond to of 10157

at_the_ask.tripod.com

To: velociraptor_ who wrote (3927)	9/30/2002 11:36:25 AM
From: chainik	Respond to of 10157

Velo, That's exactly my thinking. The drop was faster than many anticipated; rebound also will come sooner and it may be stronger than many predict. My bet is that another bottom of significance will be reached within the first half of October. Being bearish long term, I'll still add shorts above nasdaq 1200

To: velociraptor_ who wrote (3927)	9/30/2002 3:01:43 PM
From: bcrafty	Respond to of 10157

velo, what's your count on today's Dow (from Friday) on the 1-minute or 10-minute charts?

To: velociraptor_ who wrote (3927)	9/30/2002 4:01:39 PM
From: yard_man	Respond to of 10157

I have me doubts that dippers are going to be rewarded for buyin this --

To: velociraptor_ who wrote (3927)	9/30/2002 4:38:45 PM
From: ajtj99	Respond to of 10157

Velo, be careful. Sometimes the waves are tricky at the bottom, like last September. The Dow October bottom is around 6200-6500, IMO, not 7100-7400. Furthermore, 2-pieces of T/A I watch point to SPX 705-715, and another triangle points to 675. That needs to be respected. Check out the BPCOMPQ, BPSPX, BPOEX, BPINDU charts as well as the NASI. They all say we're going lower, although a weak bounce is not out of the question (we may have had much of it already today).

To: velociraptor_ who wrote (3927)	9/30/2002 10:12:09 PM
From: Graham Marshman	Respond to of 10157

Comments below on your analysis from another board fyi. Graham I went ahead and looked at that link. The guy does some good work, but he has fallen into the pitfall of trying to play Elliott on short term charts. He could very well be right, but I would place an even bet at the drop of a hat that what he is calling A on the first chart is nothing more than wave 2 of this current set of waves. I would also imagine he might have changed his tune seeing the low we made today. We are not in the point of a wave formation to have a flat in general Elliott terms, especially since the July/August rally made such a high objective. What he called wave A in that rally is, in my opinion a complete A-B-C zigzag, with A=C in reasonable correspondence. Timing don't support the idea of a major rally at this point, as the markets have shown a great consistency in how they have been turning. Whether one uses Gann or fibonnacci day counts, now is not the time for a market turn. The clock struck 12 and the next stop is either 3 or 6.