Hi folks, great stories Jako had a good laugh.
Heres a chart shifting the Dow 70 years below itself. I though preserving the decennial cycle might be of use, and the 37/07 tops seemed to align nicely. Much as I hate to say it, but a protracted bear market in 2012 could put us into the higher of Martis' estimates around 3200 on XJO perhaps.
Of course it shouldn't be taken too literally, some periods obviously dont match up well, but an equivalent pattern would see a significant v shaped low around 28/4/2012, after quite a protracted bear market.
One theory for the flash crash last year, could be an anticipation of a repeat of the 1941 pattern - see chart comments.
The decennial seasonal average is more bullish, an sees a bit of a bounce in these areas (more like a bounce from mid Jan 2012) with equal lows just prior to now to a bit later in 2012 maybe Oct. I think I'll do some work with the decennial pattern and post another day.
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