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Re: techcharter post# 28306

Monday, 09/17/2007 8:54:24 PM

Monday, September 17, 2007 8:54:24 PM

Post# of 51818
GE Ending Diagonal Update.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=ge&sid=3377

Today's trading finished a wave 4 (triangle) in c of C of Ending diagonal 5. Expect a very sharp rally tomorrow that will eventually challenge $41.

After that it's CRASH TIME as WAVE C of multi year B is an ending diagonal. Sharp drop to the lower $30's. Since GE has been one of the stronger DOW components, its turn implies the rest of the market should head lower even more agressively.
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