XJO 0.58% 8,091.9 s&p/asx 200

wednesday the expected huge up move, page-130

  1. 17,444 Posts.
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    9lives

    Agreed.

    Certainly I have argued your scenario, probably before you were posting here, I think.

    Apart from the 8 years after the high factor is the Fib factor.

    The bull market started in 1974 and can not be disputed I believe.

    1974 + Fib 8 = 1982 major bear low.

    1974 + Fib 13 = 1987 major bull high and major bear low.

    1974 + Fib 21 = 1995 was a shallow bear low and then US markets went ballistic.

    1974 + Fib 34 = 2008 probably a major bear low.

    1974 + 55 = 2029 I'll be lucky to be around so don't care, lol.

    So there is a lot going for 2008 to be more major than 2013 or any other year in the near future.

 
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