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To: IHateSourCream who wrote (123417)	8/29/2005 6:50:04 PM
From: Moominoid	Read Replies (1) \| Respond to of 209892

Hi IHSC (why do you hate sour cream anyway?) The bulls think that all the overlaps mean that this is some kind of complex correction. The bears think all the overlaps mean a very powerful down move is building. I think we are in a significant downtrend (based on McSummation etc) and so lean to the kind of interpretation you are making here.

To: IHateSourCream who wrote (123417)	8/29/2005 8:48:09 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

Just checking in for the evening, IHSC....and see your note. Kinda astonished that with all the experts around here you would ask ME a question about EW wave counts. I've been getting a little sloppy lately. I used to be very careful to label anything I would ever say about waves as an "AAC"...Alternative AMATEUR count....but have failed to do that lately..........As my Profile has always stated, I am a "Strictly TA " person....vbg Will take a look and get back to you shortly.......although I see you've gotten lots of responses already which are probably better than anything I'll be able to come up with....LOL

To: IHateSourCream who wrote (123417)	8/29/2005 9:50:39 PM
From: Henry J Costanzo	Read Replies (2) \| Respond to of 209892

As you see, I'm very slow annotating.......but I have annotated an SPX daily chart, and an SPX 30 minute "wiggle" chart...(FYI I much prefer to work with daily charts, and...maybe irrationally......am suspicious about working with counts from wiggle frames).. So passing on to you, as essentially self-explanatory, my AAC of the SPX....from the early Aug high... I am not attempting any longer-range count of the SPX....I long held on to an AAC indicating that everything since early 2004 constituted a large CORRECTIVE wave in the wave movement since the 2002 low....It kinda looks way off base now, of course, but I have not completely abandoned my affection for it...or discarded it.......But I'm sure everyone will be grateful (especially Shack) if I I did not pursue that any further at this time.........LOL And now...will be interested to hear what others have said about this....vbg home.twcny.rr.com