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To: bcrafty who wrote (111289)	1/6/2005 2:58:36 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Well, if we just finished an apparent e-d on the SPX and COMP, the bullish count I would favor would be the e-d was the end of wave 3 up out of the August lows. If that's the case, wave 2 in October lasted a few weeks, so wave 4 should take a bit longer. That would make it unlikely we just finished a wave 4 down if that e-d was the end of wave 3 up. With the incredibly high volume on this drop, it's going to take some ping pong between 1160 SPX and 1200 to punch back through the 1200 range for good, IMO.

To: bcrafty who wrote (111289)	1/6/2005 3:23:26 PM
From: stkboy1	Respond to of 209892

Well, rather than an A of 4 how about the end of the 4? Too short for the 4 in comparison to the 2. Most likely a of 4 or that big C down..vbg Edit: Catching up and just saw ajtj99's comments concerning the 4. Sorry.