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To: venividivici who wrote (4475)1/15/2006 8:29:02 AM
From: skinowski  Respond to of 41494
 
Your black count is immediately bullish (the-phoenix considered this idea among others).

To my eye, the blue count, which sees the decline as a single impulse, is more likely - but the black count is also possible.

Imo, for now we should be at least open to the possibility that the decline was not an "A" or an ABC, but... "1". After all, if not now then some other time, but such a count is bound to happen....