two-timer - His first sentence is correct until he called it a wave B-down. From there on I totally disagree but I need more info to comment on his longer term count. This is not a B down but rather the beginning of (5) down to (prelim target) 635. He thinks this is just an abc correction of the rally from March 6. It also looks like he is saying that the entire bear market to March 6 is an (A) and we are now in (B). Not so. If you post a chart I would be glad to go over it with you OR you could tell me who your guru is and I will check him out and get back to you.