GE update: wave count is back on track for now.

After making a slight model change here, recent action of the past days shows my GE wave count is back on track at least for now.  This is a very, very ugly chart with cascading declining double tops.  It is still not confirmed whether that triangle in the middle of blue 1 is a stealth wave 4 as  I now model it to be but it will likely be confirmed if we get a lower low than blue one in the next few days.  If my count is right, we are almost done with 1 of 3 meaning that 3 of 3 is just a day or two from playing out.  That should be a fat AM gap down given the look of this pig.  When people begin to see that they are at risk of losing all of 2014's gains to date they will panic out of these shares and other over priced Ponzi stocks lest they get a margin call (or because they got one).

General Electric shares are most likely in trouble right here, right now.