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To: Jack of All Trades who wrote (119327)	5/23/2005 2:42:50 PM
From: Henry J Costanzo	Respond to of 209892

<<Did we just complete the 5th at ES1198?>> Assume you mean 5th from the April 20 low......and no way I can see 5 ups from that low.....As I see it, we could be in a C up from that low....or maybe, to be more bullish, a iii of 3 up. But, as I've been saying, I really don't know where we stand in the bigger counts for the SPX, and how either of those would fit in............ Maybe Shack can enlighten us when he gets back...