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To: nspolar who wrote (115072)3/19/2005 4:42:58 PM
From: Galirayo  Read Replies (2) | Respond to of 209892
 
NS .. Thanks for posting that link. I'm still learning Waves better. I'm sure that one will help.

elliott-wave-theory.com

I've been looking at the Flats as well and in my novice eye .. The Running Flat is the best fit from what little I know at this point.

BTW: 2 mentions of an Anomaly here.
siliconinvestor.com

Ray



To: nspolar who wrote (115072)3/19/2005 10:04:55 PM
From: skinowski  Read Replies (2) | Respond to of 209892
 
NS, I checked the link to the "EW course"... It seems that there is a small difference - they say that Wave C shouldn't go beyond the end of A (in a "regular" Flat).
Prechter's text does allow that. Both texts not only allow, but actually require that this should occur for the "expanded" Flat.

The bottom line is that if we are in a Flat since early 2004 - it is exceedingly unlikely that the small move down since this last Jan 3 would be ALL of Wave C. Even if the Flat is "regular", it should make a much deeper test of last summer's lows. If it is of the "expanded" variety, it should go lower.