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To: Jack of All Trades who wrote (102539)7/22/2004 10:55:02 PM
From: JWest0926  Read Replies (1) | Respond to of 209892
 
Your yellow jives perfectly with an impulsive wave 3 or C playing out to the downside.

Your alternate more bullish count would jive with a C wave playing out, although it may need another low later than you have charted.

The other possibility is we head up from here. However, for that to happen our decline thusfar would need to count as a 5. I fail to see that count.

We'll see what tomm brings. still favoring strongly the bear camp.