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To: nspolar who wrote (115052)	3/19/2005 8:51:12 AM
From: skinowski	Read Replies (2) \| Respond to of 209892

NS, if that's the case, one would have to expect - at least - a much deeper test of the lows of last summer. The January decline would likely be only the first move of a larger (wave "C") impulse.

To: nspolar who wrote (115052)	3/19/2005 9:33:38 AM
From: Shack	Respond to of 209892

Yeah mc's talked about that count. But I am with ski, this (c) of 4 down would have lower to go. Remember, c's are impulses. FWIW I can label the Nasdaq such that I have it going to zero or 10K, its totally subjective. That's why we need to look for clues elsewhere.

To: nspolar who wrote (115052)	3/19/2005 12:23:02 PM
From: jjstingray	Read Replies (2) \| Respond to of 209892

I definitely have not thought of that. That has some very bullish possibilities. I can not imagine we have a major 3 coming up. I am sorry to interject with FA here, but with oil climbing through the roof and interest rates going up, I just do not see a long sustained move up here. I am keeping it simple. I would love to see the 5 get to the 2600 number on the Comp, that would be the .382 retrace off the all time high. Then we would get years of a messy b of B, then the brother to our recent ramp. So, maybe by 2008 we get the c of B up which could take us to the .50 retrace level at 3120 or so. stockcharts.com[w,a]mhclyyay[d19990202,20051202][pf][vc60][ilb14!lb5!lh5,5!lp14,3,3!li10,10!lah12,26,9!ll14][j9987265,y]&listNum=1