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To: marginmike who wrote (68954)3/19/2003 9:18:43 AM
From: Shack  Read Replies (1) | Respond to of 209892
 
It just means that the move off feb 13 can't be a flat correction and a down count was completed at the March 12 low. Until 8245 is violated we are at risk for simply turning down hard from right here and making a new low.

Once violated, it would be confirmed that we are then either correcting the Dec 2 dump with a 3 wave move or, as Allan favours, we are tacking on a brother wave 'C' to the October launch. The latter obviously has much higher price targets.