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