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To: Henry J Costanzo who wrote (161697)	2/8/2008 1:51:38 PM
From: The Freep	Respond to of 209892

Again, MC, if you're going to the wiggles to call the move down an ABC, then the move up yesterday is definitely also 3 waves... so it cannot be a 1 up. And I agree I don't know how that would fit into your bigger count, but it would, in the bear count, just mean that the ii of this downwave was going to be a bigger ABC (with the C up coming from today's lows, I guess). The BXK 60 minute chart, among others, makes it look like we have more downside to come, but I'd also note that we've been getting so many "false breaks" of patterns in both directions that it makes my confidence a little less than I'd like. Still, I wouldn't go long here!