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To: Moominoid who wrote (131535)	4/2/2006 8:39:33 AM
From: skinowski	Read Replies (1) \| Respond to of 209892

wave 3 of the ED was a double zig-zag from April 2005 to the end of the year Did you mean to say - until the Jan 11 top? I think the ED you describe is the "C" of an ABC starting out of August 2004. There are other reads, but this one imo makes the most sense for now. I think MC's triangle may in fact be a valid Elliottian Expanded Triangle - starting from the orthodox top last December 6: stockcharts.com[g,a]eaclyyay[d20051201,20061230][pb50!b200][vc60][iUb14!La12,26,9][J54962020,Y]&pref=G It wouldn't be my favorite, but it's a possibility. It would be "too big" to be Wave 4 of the October rally.... maybe in this case - looking from May 2005 - we have a double zigzag... and the said triangle is the "B" of the second "ABC" which started in October? Who knows. In any case, the trend is up until it ain't.....