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To: Henry J Costanzo who wrote (173641)	11/18/2008 6:02:52 PM
From: The Freep	Respond to of 209892

I'll be honest and say that I have no idea if we get those 20 points or maybe get as high as 920 SPX... but this day looks a lot like many others (Sept 15th... Oct 23rd... etc.) that have been immediately reversed. So I dunno. I see JJ has posted a possible count with us in a big C up. Certainly viable on the SPX... though I am never happy when wave 2 retraces that much of wave 1. Yes, I know it's allowed (we've had this convo, in fact), but the NDX, for example, retraced over 95% of the move and the SPX over 90% making me pretty dubious that we launch into the 3 up. But where we are in the wiggles, I cannot say... other than the fact that I'll repeat that I'm not playing as if the lows are in.