XJO 0.42% 7,712.9 s&p/asx 200

hats off to the mods wednesday, page-43

  1. 729 Posts.
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    Hey, have theorised a late 2014 low myself, based on the all powerful Retska cycle (my fitting of a 34 year cycle). I thought I posted it before, but going back to the post where I wrote of it, I was a bit vague, so maybe worth a clarification.

    So, the Retska cycle works like this. The base cycle is about 34 years. Tops were 1929, 1966 and 2000 (37 and 34 years). Theres 3 waves in each bull and each bear. Different markets will react differently, some in bubble phases, i.e. DJIA bubble 1929, Nasdaq 2000, Shanghai 2007 etc so comparisons become warped, such as 1929 bear market vs 2000 bear market. The 1966 to 1982 bear market shows that there is roughly 3 sub waves, and a 34 year shift forward comparison shown below has the 1975 low lining up nicely with the 2009 low (shifted exactly 34 years).



    The triple cycles are pretty rough, and the comparison projects a higher (than 2009) low in Jan 2012, March 2014 and Aug 2016. The last of which is from where it breaks into a new bull market. The roughness of these comparisons make it less reliable whereas the middle of the 3 subcycles is the more powerful and reliable, hence we should project from the 2009 low.
    So, there's 34 years for a full cycle 17 years bull 17 year bear. Within 17 years theres 3 subcycles of 5 and 2/3rds years = 2069.75 days.
    Adding 2070 days to the DJIA low of 6/3/2009 gives a 3rd low estimate of 5/11/2014. A deep low then also fits within the centennial cycle aka late 1914 low.
 
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