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To: The Freep who wrote (169077)	6/18/2008 3:21:16 PM
From: Henry J Costanzo	Respond to of 209892

Difficult to make accurate counts on weekly charts...and not sure just how you'd count in detail..but I see it as the same correction down from the highs as I indicate in my daily chart.. <<a C wave is 1) an impulse>> A C wave is a 5-waver, yes...but it is not part of an "impulse" in the way we usually signify by that term...C waves are corrective waves,, <<..and 2) possible after a B low (which is what I theorized happened in March)>> If I get what you're saying...then yes, of course,, C waves always follow B waves...But then the question would be just how you count Mar as a B...From the Jan low ?? That could be possible, but where does that leave us in counting down from Jun-Jul ...and especially from Oct. In fact, I had originally counted Jan as the correction low, but that proved untenable with a 5-waver C down from October which I think has to accompany the first June-Aug down wave.. As to ii and iv alternation..agree, not the clearest cut thing...except that iv does look more "complex" than ii..vbg...And on that wedge/ED..Shack has lectured me umpteen times about how the subwaves MUST overlap on a true Shackian ED...and seems to me they do indeed overlap.. Hard as hell trying to write clearly about this complex stuff, Freep...so hope I have made myself reasonably clear.. I am delighted to have this exchange with you..Always useful to have a sharp observer...a la Freep....come in swinging...Engenders thinking and rethinking, which always necessaryt...even though I know I probably seem to have a closed mind on this stuff...Thank you, sir..