Terry has published my latest article at TTheory.com. I have discovered that the market is vibrating to an exciting new cycle based on the Golden Ratio which projects a June 13, 2011 top. Check it out, and let me know your thoughts.
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I'm sure you're already aware that June 13-14 also coincides with Armstrong's turn date?
ReplyDeletehttp://www.martinarmstrong.org/economic_projections.htm
Hi sdmooks
ReplyDeleteYes - I've known about that turn date awhile. Except it's supposed to be an 8.6 year low in economic confidence.
I guess it could be an 8.6 year low in the confidence of the US Dollar. But it appears to be high for stocks and gold.
The post was quite interesting. Elliot wave practioners also use the golden ratio as an aid in projecting wavelengths.
ReplyDeleteMarty has mentioned his next turn date being June 18-24 2011. He is using an 8.615384615 year cycle.
ReplyDeleteI agree Parker that it is probably a bottom in the dollar or bonds or could in fact be a bottom in another market all together.
interesting, for you loonies out there.
ReplyDeleteJune 15th is a full moon.
http://www.fullmoon.info/en/fullmoon-calendar.html
Parker...
ReplyDeleteVery interesting...
After seeing your 14 week cycle presentation I saw a 67 Trading Day cycle, which is roughly 14 weeks, on another blog with a totally different approach...
Please feel free to look at it at...
http://bit.ly/geV6Ca
Impressed with the new findings you keep coming up with!
Thx...
Thanks Just Signals.
ReplyDeleteI noticed that shortly after I posted about the 14-week cycle on T-Theory.com, Andre Gratian first wrote about the 68-day trading cycle.
http://www.safehaven.com/article/19977/market-turning-points
Gann talked of these shorter cycles 60 years ago in his course work along with the 40 year cycle which the Bible talked of long before him ........."nothing new under the sun". Good trading! joed
ReplyDeleteParker...thank you for that interesting link...Since being introduced to cycles, I had a hard time using individual short term or intermediate term cycles, since so much occurred in between the full cycle dates...So instead, I have been using a composite of several cycles...
ReplyDeleteIf that is the case then this bottom we just saw was the center post of the T because the span from Dec 10 reading in the VO through that bottom projects a top on June 17th. DID you account for market hilidays (Memorial Day) in yor calculations? There is a cycle low projected for March 24th off the recent high which happens to agree with the inverted Money Flow T I drew recently. After todays move up and back through the midchannel I am not as certain about a second bottom here. I guess under conservative rules we still could have a top coming in June off this first bottom even if we have a second bottom. It makes sense that we would turn around today due to coming near the zero line on the VO today. At any rate we have already seen the bottom or are about to. There still is the idea that we may have seen an important top and that upside is limited to the old top and no higher. This is a lot of info to consider but great to have it to consider.
ReplyDelete