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To: Jerry Olson who wrote (62849)	1/6/2003 4:42:58 PM
From: chris714	Read Replies (1) \| Respond to of 209892

According to Zoran T5 could not extend past 954 and keep the same bearish scenario intact. This bearish scenario remains intact up until the S&P crosses 954. Chris

To: Jerry Olson who wrote (62849)	1/6/2003 4:43:40 PM
From: At_The_Ask	Read Replies (2) \| Respond to of 209892

No disrespect to zoran but I really have no idea wtf he's talking about with that t5 business. It's not standard elliot. He seems to reference neely a lot which I haven't studied, but the most basic rule of elliot wave is that wave 1 and 3 of an impulse cannot overlap yet he seems to think it's a wave 1 extension. His presentations are nice with the pdf and all but his counting is wrong on a very basic level. The free tutorial at EWI is the best(free) place to learn ewave. That way you don't learn wrong from others that don't know wtf they're talking about, and believe me they are everywhere. Tradingwise He's planning on stopping out of his shorts on a breach of the dec highs which will be precisely the wrong thing to do JMHO.