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techcharter

06/24/04 7:02 AM

#846 RE: mr_cash4 #844

50-54 year cycle.

Those dates would coincide with the end of the Mayan calander, and possibly the hieroglyphics timeline in the Great Pyramids.

The Ancients knew something since the evidence distributed around the world have similar time convergence.
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chris3403

06/24/04 8:16 AM

#847 RE: mr_cash4 #844

mr_cash4
I am privileged to have as one of my closest friends a former VP of GE Consumer Finance.
When I realized that GE had made a significant bottom in Oct 02 and using my own methods I tried to ascertain when GE would make it back to 60 I came to the conclusion that it would be sometime between 2008-2010 afterwards the CEO of GE announced that GE was in for some tough times in 2003 and 2004 before returning to double digit growth in 2005 I then asked my above mentioned friend to compute using the P/E and bare minimum 10% growth when he felt that GE would make it back to 60 and he arrived at the time period between 2010-2012.
So there you have it 2008-2012 for GE to make it back to 60 and the worry about a Double Top or a higher high? Kind of fits with what you just mentioned doesn’t it?
Thanks for the cycle analysis on GE. While you raise valid points so does airedale88 and I remain undecided on when the most recent 80 week cycle low was made.
chris