The actual high in this case was made on 5/8/06, which was one trading
day prior to the cycles. This is considered to be within the time window
for a high. A rather dramatic decline was seen from this grouping of time
cycles.
I listed a few of the cycles as confirming cycles. These cycles are not as
important by themselves for a couple of reasons. The 2.618 cycle I always
consider a confirming cycle. The other cycles listed are projected from
smaller time periods. Relative to the cycles that were projected from the
larger time periods, they would tend to be less important.