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To: The Freep who wrote (137621)	10/18/2006 6:33:13 PM
From: Henry J Costanzo	Respond to of 209892

And I am confused as to your question...although my wording.."particularly"... may have given the wrong impression.. Same count wiggle and daily charts...except, of course, wiggle charts permit identification of smaller waves not visible on daily.. But what i had in mind something as follows: if all you had available was the daily, you might label yesterday's low an A...and consider today's high as a POSSIBLE top of a B...subject to seeing tomorrow's action...where you would label any higher high as the POSSIBLE top of the B..This could go on for several days without giving the sense..as might arise from looking only at wiggles...of excessive time duration for the move....(Man, you're giving my thought processes quite a workout !!..LOL) You noted EW counting "fun"..Agree...and, as you know, my counting has little or no impact on my "trading"...which is very stock-centered, and rarely ventures even into ETFs which are index-related.