Those who believe history repeats should read this
article. These geeks from Merrill Lynch suggest that the top
for the market will be at the end of the year with the final bottom
in 2014. The time and price correlation with Japan is quite
astounding.
Also those familiar with Paul Tudor Jones (see
http://en.wikipedia.org/wiki/Paul_Tudor_Jones) know that he has
made billions from correlating the market to past history. He
recently came out of the closet and suggested we are experiencing a
similar market to the 1970s. I checked back and the rally from
1970 appears to fit well if we are going to see lower lows whilst
the rally of 1974 was on decreasing volume similar to what we are
witnessing now. Take your pick but I suspect one of these
scenario's will play out. If it is the 1970 rally then the
geeks from Merrill's will be right if the dollar drops enough while
the market rises.
Anyway food for thought but feedback would be much
appreciated.
Actually I think you will find it is almost identicle especially
if you compared the timing of the future peaks and troughs to
the 1962-1980 bear market which Paul tudor Jones says we are
in. You will see it tops in 2010 then bottoms again in
2014. Keep in mind that the Japanese market may not have
bottomed yet too so there could be further downside after
2014. If this is the case we are perhaps in 1974/75.
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Market to top in Dec 2010 then bottom in 2014
Posted by sobrien on 12th of Jan 2010 at 06:25 pm
Those who believe history repeats should read this article. These geeks from Merrill Lynch suggest that the top for the market will be at the end of the year with the final bottom in 2014. The time and price correlation with Japan is quite astounding.
http://www.financialsense.com/fsu/editorials/wilson/2009/0901.html
Also those familiar with Paul Tudor Jones (see http://en.wikipedia.org/wiki/Paul_Tudor_Jones) know that he has made billions from correlating the market to past history. He recently came out of the closet and suggested we are experiencing a similar market to the 1970s. I checked back and the rally from 1970 appears to fit well if we are going to see lower lows whilst the rally of 1974 was on decreasing volume similar to what we are witnessing now. Take your pick but I suspect one of these scenario's will play out. If it is the 1970 rally then the geeks from Merrill's will be right if the dollar drops enough while the market rises.
Anyway food for thought but feedback would be much appreciated.
1970s or 1840-70s? Have you
Posted by junkie on 12th of Jan 2010 at 07:45 pm
1970s or 1840-70s? Have you got books from those times? There are multiple cylces going, so Mr Jones is partially right. And partially wrong.
try this its the only
Posted by sobrien on 12th of Jan 2010 at 07:52 pm
try this its the only thing I have that dates that far back
http://research.stlouisfed.org/publications/review/04/11/BordoWheelock.pdf
Which indirectly supports my point:
Posted by junkie on 12th of Jan 2010 at 08:13 pm
Which indirectly supports my point: those books have been intentionally hidden to prevent discovery of the truth.
Martin Pring's lost decade is the opposite
Posted by parki48 on 12th of Jan 2010 at 07:02 pm
http://www.pringturner.com/newsletters/LostDecade.pdf
Actually I think you will
Posted by sobrien on 12th of Jan 2010 at 07:46 pm
Actually I think you will find it is almost identicle especially if you compared the timing of the future peaks and troughs to the 1962-1980 bear market which Paul tudor Jones says we are in. You will see it tops in 2010 then bottoms again in 2014. Keep in mind that the Japanese market may not have bottomed yet too so there could be further downside after 2014. If this is the case we are perhaps in 1974/75.