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To: The Freep who wrote (86217)	11/20/2003 4:24:24 PM
From: Shack	Read Replies (5) \| Respond to of 209892

Did I just read that Zeev is at 12% cash here? He's not one I like to fade but he had better hope our 'iii' of '3' is not to be.

To: The Freep who wrote (86217)	11/20/2003 6:35:44 PM
From: nspolar	Read Replies (1) \| Respond to of 209892

Fwiw that is not my favored count. Mine is that the indexes started the iii of 1 down today, with the 1 beginning on the 14th. I think the pattern from about 31st Oct to the 14th could be an ED. That is my favored and that is why I've hung onto my USPIX, which I am well up on already. Right now I believe the chances very poor this will hold here, but not saying it won't. If it does I have to rejigger. It is all so clear, why don't we all see it???? Because then we wouldn't have a market.

To: The Freep who wrote (86217)	11/21/2003 12:55:32 PM
From: Henry J Costanzo	Respond to of 209892

Freep.....As you know, I have a history of getting completely confused in trying to figure out the wiggle moves......that happened after the early August lows, whereupon I gave up and just held on to a view that the larger wave was a terminal 5 of the Wave III I thought we were ending. Going to cop out again here on the mini-moves....and just stick with my view that we have entered the early stages of a Wave IV correction from the Oct '02 lows....which, as I have noted earlier, should take some time to run, should ultimately take the form of a triangle or flat correction, and has the potential of taking us quite a bit lower before it's over. BUT......if I were REALLY pressed to take a stand on the mini-moves.....g ...... would still TEND to say that the moves since Nov 7 - which I count as the highs on both SPX and COMPX -..... .........completed - on the 18th SPX and 19th COMPX - a first corrective a-b-c (A) down.. ...... and have since started a B up (notwithstanding the subsequent marginal new lows yesterday and today)....... .......and that should take us up to around 1050SPX and 1940-50 or so COMPX......next week??.....