To: skinowski who wrote (115085 ) 3/20/2005 12:41:06 AM From: nspolar Read Replies (1) | Respond to of 209892 SKI I was showing and discussing a 'running flat', not a regular flat. Let us be specific here. The link I posted, and I think it is a good site, specifically states: <e. Running Flat Pattern Description The Running correction is a rare special form of a failure. This pattern is a kind of Flat, with an elongated B wave and a very small C wave. According to theory wave C should be so short that it doesn’t get to the price territory of wave A. In our daily analysis we do not accept a C wave that fails to reach the price territory of wave A. Instead of a running correction this could in theory be an extension in an impulsive wave, where the wave has subdivided in two (or more) 1,2 combinations. If the B is a clear three wave, then it is a Running correction, otherwise an extension. In practice there will not be any difference in market direction: in both scenarios the market will explode in the direction of the B wave, therefore we prefer to label it as an extension. For the sake of correctness we do included this pattern in our daily analysis. Rules and guidelines The B wave must be composed of three waves. The C wave must be composed of five waves. Wave C must be very short and normally will not reach the price territory of A. Wave C must not retrace more than 100% of wave B but more than 60% of wave A. In which wave Most of the time it should occur in wave 2 or B. Internal structure It is a three-wave structure. The internal structure is 3-3-5.> If you go further there is a section on 'modern rules'; and it has this about 'running flats'. <d. Running Flat (modern) Pattern Description This pattern is exactly the same as a Running Flat, except for the fact that it must retrace more than 60%, if not we consider it to be a normal Running Flat. This distinction is necessary, because normally a Running Flat is rare. But if it retraces more than 60% and still fails to reach the end of wave A, it suddenly becomes much more probable the pattern will occur. In which case it will get a much higher score.>