Hi folks,WW1 made reference to time and price projectionsfor FGL...

Hi folks,

WW1 made reference to time and price projections
for FGL ..... here's some simple projections, for both
TIME and PRICE .....

If we use 4.45 as an pivot level, our mirror image, from
the 20082002 high, at 4.98 will be 3.92, on or before
June solstice on 20062003 ..... exactly, two years after
the 20062001 high at about $5.77 .....

From the dates and prices below, we can also see
another critical level at about 4.24 .....

For the skeptics ..... just take a look at the FGL chart
and see how FGL has traded around the important
seasonal dates in the past ..... ie ... solstices and
equinoxes.

FGL lowest low - 98 cents 270619914 - 3 days after
the June solstice, where the price closed at 1.05 ......
exactly seven years later ..... 20062001 FGL made
its highest high, on the June solstice for that year.

Note the price levels as we work through the solstices
and equinoxes from 21121998:

21121998 ..... 424 **

22031999 ..... 491

22061999 ..... 424 **

22091999 ..... 445 $$$ we have just breached this level

21121999 ..... 441 ..... closed at 440 last week.

23032000 ..... 424**

22062000 ..... 445 $$$

22092000 ..... 405 ..... exactly $1.oo less than the
FGL price 180 degrees later,
on 21032001 and 1 day before
the next rally started to the
all time high 20062001 at 5.77

Actual low was made at 3.96,
on 1109200, after a huge gap
down.

22122000 ..... 478 - marked a breakout in uptrend.

21032001 ..... 505 - marked first breakout above 4.91,
since that high in March 1998.

20062001 ..... 577 - FGL highest high on June solstice.

20092001 ..... 477 # exactly $1.oo down from 2001 high
and 3 days after low at 447$$

20122001 ..... 480

20032002 ..... 476

20062002 ..... 477 #

20092002 ..... 465

21122002 ..... 455 ..... midway between lows, tested on
13122002 and 06012003 at 446$$

------

In summary, if current FGL levels fail at 4.40, then
our downside targets will be at:

4.24 ..... 3.92-3.96 ..... 313

Looking forward time targets will be all solstices and
equinoxes, with two in particular:

3.92 ..... on or before 20062003

3.13 ..... on or before 20062004

FGL could turn out to be a good short
for the options players soon .....???

Let's see how these pan out.

hot trades

yogi