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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (25949)	4/16/2005 3:14:12 AM
From: crustyoldprospector	Respond to of 60929

Unfortunately woodchopper, volumes on individual issues aren't jibing with a sector-wide bottom scenario right here, IMO. Heinz's recollection is that the XAU has never been down more than 9 days in a row. So, we're bound to see an up day next week <g>. Probably, the iv of C begins sometime next week, my guess being that it starts at HUI 168 and ends at HUI 181. Still on track for that May bottom with an August test.

To: nspolar who wrote (25949)	4/16/2005 10:45:48 AM
From: Shack	Respond to of 60929

last Nov IT high looks more like a 3 waver so far to me, instead of a 5 waver. Well sure, all 5 wavers look like a 3 waver until wave 4 no? In only have the decline in the (iii) of (3) of C. A triangle perhaps. Not saying it won't happen but it would be an odd place for a triangle IMO. They only occur as B's or 4's. I really can't make either work. The simplest count remains the C wave for me.