"ONE up from $256 to $1,015 (actually 4 times the $255 low)

TWO down from $1015 to $700 (a decline of 31%)

THREE up from $700 to $3,500 (a Fibonacci 5 x the $500 low)"

Are there some practitioners that would consider the Spring 06 move to $735 the end of wave ONE?

I am never quite sure that I can understand EW theory. Thanks for the post. I would love to see numbers in these ranges!!