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To: The Freep who wrote (117514)	4/25/2005 1:18:45 PM
From: skinowski	Respond to of 209892

That is not an unfair question... I suppose part of it is that after a clear "3 up -3 down" move like the one we had since last thursday's low, one - sort of - "expects" an up fiver. In the wiggles the move IS suggestive of having a 5 wave structure. It's not an exact science... Moreover, it is by no meanas a done deal... It may go on and do whatever it wants, like subdivide, for instance, into an abc-x-abc, in which we would be at present in the second "b", with another impulsive swing up still pending. We'll see. In any case, imo, generally the place to be right now is on the short side - until the april 7 top is taken out. I would get nervous, of course, well before that would take place.