IBM Price and Time Cycle Squaring Complete. Get Ready For Correction

I selected a blue chip stock for price and time cycle analysis and forecast.

1. IBM is completing Price-Time Vector 14/8th cycle of the Price-Time Vector from 08 high to 11/21 low
2.  IBM low price from the Nov 21, 08 is squaring at about $133.96

3. Price Time Vector value is also approximately equal to the total number of c-days since Nov 08 low.
4. Total number of t-day from Nov 08 low is equal to 323.6% of t-days from ’08 high to Nov ’08 low.
5. 261.8% of the Price-Time Vector is equal to total number of t-days from its Nov ’08 low.
6. Extension wave of 11/21-02/06 is approaching @ important level 14/8th of $131.25-131.98
7. Extension wave of  11/21-06/11 is approaching @ important level 6/8th of $130.37 -130.79
8. Another very important squaring in time and price level @ $133.96