EWI and their 2000 HIGH

It still doesn't sit well the count that EWI have as their all time high in the Blue Chip Indices, i.e. 2000 the top with the 2003 bottom as wave A and 2007 as the wave B high, if this is the case one would then need to label the 2009 March low as wave C; I just don't get how they have labelled it only Primary wave 1 of C.

I need to check this again, but I have time as we are so overbought that we are due a proper correction. Also so far we have only had an ABC so perhaps there is a more complex correction at play.

Who knows, I am tired and now it is time to get some shut eye. This same problem doesn't exist thankfully in my markets, at least not the way I am counting from the 2007 high.