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To: The Freep who wrote (86213)11/20/2003 3:45:11 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<If this whole mess over the last two 1/2 days was just a flat correction .....>>

When you've got some free time.....maybe when all of us in the East have gone to bed..... would appreciate your expanding on that.........flat correction TO WHAT, and beginning WHERE?

<< tomorrow and Monday could be the meat of a 3 down.........>>

Again, 3 down from WHAT, and where do you see the preceding waves 1 and 2 ??............TIA

And BTW., I might forego that 50 bucks for a clear, compelling answer...g



To: The Freep who wrote (86213)11/20/2003 4:07:49 PM
From: Shack  Respond to of 209892
 
The BRCM correction (to which suddenly the thread is focused) was sharp and overlapped the '1' down. So if you are playing the move off the Nov high as an impulse (and I most certainly am), then the only real good count has the 'iii' of '3' down starting today for that stock. Would this happen everywhere? Stay tuned.