1.618 of 10/5/06 high to the 11/2/06 low = 12/19/06
.618 of the 10/5/06 high to the 11/20/06 high = 12/19/06
1.0 projection of the 11/02/06 low to the 11/20/06 high, projected
from the 12/1/06 low = 12/19/06
.618 of 11/2/06 low to the 12/1/06 low = 12/19/06
Since GE was trading higher into this grouping of time cycles, we were
looking for a possible high to develop. The actual high was made on
12/20/06. When time cycles are due for a possible change in trend in any market,
you definitely want to be on alert for any reversal indications or signals