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To: The Freep who wrote (145649)	6/14/2007 3:54:06 PM
From: Henry J Costanzo	Respond to of 209892

OK gotcha...Thanks...will have to think about a bit.. Lack of annotated charts IMHO NOT a fatal flaw....SO LONG AS times/dates are specified for starts/ends of waves..wiggle or not....Sorry, but just a bit more typing...LOL

To: The Freep who wrote (145649)	6/14/2007 4:54:26 PM
From: Henry J Costanzo	Respond to of 209892

<<This is why wiggle watching is sometimes strenuous!>> ...and this is why I am more and more convinced wiggle watching is futile..I doubt that those questions you pose can be answered before a larger move develops on the charts.. And questions about the larger move can only be answered in the context of the preceding action...WHAT was that move up from March ?? That's not easy to answer either.. Seems to me no way to resolve this without falling back on alternative scenarios to be watched as the action develops...That's where I was left in my last look last Sunday...2 alternative scenarios..and one of those in turn breaks down into 2 alternatives...The only "firm" thing that emerges is that a downturn should be expected...and a more substantial one than what we've seen since the Jun 1 high.. Of course, all of those alternative scenarios could go up in flames...which would likely be the case if we now move to new highs....As Shack taunted a while back, I'd then find a new "alternative"..LOl (speaking of which...just for illustration...an alternative tagging the Jun 1 high as the completion of 3 waves up from March...with the Jun decline having completed a 4 down, and 5 up ...from March...still ahead...Hey, maybe I'll go ahead and post a chart like that over the weekend as Grand Alternative # 3...LOL) PS...Thinking out loud writing this...hope it didn't get too garbled..vbg