In the example in Figure 10-7, we are comparing swings in the same
direction in time with the time projection tool that uses three anchor points
on a chart. My mentor, Robert Miner, calls this an alternate time projection.
My first two anchors on this chart are the 2/9/05 low and the 4/4/05 high.
These anchors marked a 36-trading-day rally swing. The third anchor on this
chart is the 11/30/05 low. This is where we start projecting the cycles from.
The cycles we project using the three-point tool are 1.0, 1.272, and 1.618.