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To: marginmike who wrote (70075)3/31/2003 3:42:22 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Oh, you are talking off the high in December. An a-b-c-d-e most always has converging lines -- a triangle. No way to make this a triangle. Still, I suppose it could turn out to be a very long flat:

Off the Dec highs that would be 3/3/5 (a/b/c), and that would see us now in the last move, the 5 wave c down.