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To: Henry J Costanzo who wrote (207131)	10/10/2014 3:01:52 PM
From: pedro_deleon	1 Recommendation Recommended By Blue On Black Read Replies (1) \| Respond to of 209892

"Clearly impossible for a wave structure to be counted as both impulsive and corrective." Ultimately, yes. First, though, I've never found these terms to be at all meaningful without first specifying the particular degree in which you are focusing. And even then I find these terms to be lacking in practical value. Most EWers point to non overlapping patterns with 5 waves as evidence of an impulsive move ... the 12345. Yet, how useful is that definition really? Are C waves in five waves concluding a correction impulsive? How about A and C waves in a 5-3-5 correction? * Even a five wave move down off of a high can be a C wave if you have an irregular B wave high. So, to me, five wave "impulsive" moves can often be counter to the larger trend. Ultimately, how can we count up from 2009 and insist that move is impulsive until we see a pullback from here, and then a higher high? We've only had three waves up so far, under any and all reasonable counts. Even all the "impulsive" subdivisions we've seen since 2012 can be fitted very neatly into what might prove to be part of a C wave count (that is part of a corrective move at higher degree) that gives full scope to subdividing. Yes, in the end, it must be one or the other. But along the way, if you canvas an array of EWers, there seem to be no shortages of alternative ways to count the patterns at lower degrees. Given that, I have to see the debate on whether the move up from 2009 is impulsive or corrective, as unresolved. * To illustrate further ... show me an "impulsive" five wave count for the first large leg of the rise off 2009, and then tell me why that can't be part of a 5-3-5 ??