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To: skinowski who wrote (89591)1/18/2004 1:47:41 PM
From: jjstingray  Respond to of 209892
 
Yes I thought of that, but the 4 down looks very clean. And the proposed 4 in August is about half the time of the 2. A no no in Elliott terms.

Could the decline be a two. Sure. If the stock dumps a bit more, then I would agree with you. But that has some enormous up implications that I just cannot get my arms around, so I like it as a 4 instead of a 2.



To: skinowski who wrote (89591)1/18/2004 1:50:35 PM
From: jjstingray  Read Replies (1) | Respond to of 209892
 
Ski, this is an interesting chart. Has SNDK totally corrected with the down it had or is it starting a 5th down here. I am not playing it either way, but I think this is worth watching as it is one of the bigger momo stocks out there.

stockcharts.com[w,a]dhclyyay[d20030916,20041216][pf][vc60][ilb5!lb14!lh5,5!li10,10!lp14,3,3!lah12,26,9!ll14][J21585241,Y]&pref=G


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