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To: GROUND ZERO™ who wrote (8935)	12/31/2005 10:51:39 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 12411

So then, this might be looked at (EW) as a third wave, starting at the 12/2000 area. Down into 3/2002, then up into 12/05. If the wave is in the form of a 5 step wave, then we would be starting the third wave of 5. That would be the largest of the main impulse waves. If a three wave form, then this would be the final wave. I think about the same size as wave one. Many EW folks think that five wave forms are only for movements up. I think that five wave forms are in the same direction as the major trend. I'm also thinking stuff like "double top" and "right shoulder." I haven't really looked at the charts yet. All of this assumes that a good size blip down starts here.