cant say im a huge fan of kress cycles, his predictions are some what 'hit and miss'...
Anyone looked at Kress cycles, or have any useful articles on it. Cliff Droke seems to mention him/it from time to time, ut hard to get a sense of it from a couple safehaven articles. Has he been interviewed anywhere?
QUOTE One of the most important contributions made in the science of market analysis is the series of equity market rhythms known as the Kress Cycles. The one who discovered these cycles, Samuel J. "Bud" Kress, has done for cycle theory what virtually no one else been able to accomplish, namely discovering a series of inter-related "hard" cycles that are all harmonically related and which provide an accurate context from which to view the past, present and future financial and economic climate.
Kress accurately predicted the top of the secular bull market in 2000 with his cycles as well as the credit crisis of 2007-2008. He also called the bottom in March 2009 and, more recently, forecast an interim top for April 2010. For the last 10 years, Bud has published a series of interim reports - roughly once per year - called "Special Editions" (available through his SineScope advisory service, 15 Phoenix Ave., Morristown, NJ 07960). Previous Special Editions have provided important context for the bear market of 2000-2002, the recovery bull market of 2003-2007 and the most recent credit crisis and bear market. His Special Edition VII published in 2008 entitled, "Final Opportunity 2009," projected that the following year 2009 would be the last year to begin a long term liquidation of conventional equities for those who failed to do so at the all-time double high in 2007. Special Edition VIII of 2009 was titled, "Remaining Five Years: 2010-2014" and discussed the potential for a bear market in 2010, a mini cyclical recovery bull market in 2011, and a once-in-a-century three year period of historic change, turmoil and dislocations to begin in 2012 and persist until 2014.
His latest Special Edition (the ninth one) has just been released and is entitled, "Last Bull Standing 2011." It may well go down as being the most important one yet, for if Mr. Kress is correct in his prognosis, we will soon enter the final phase of the financial market recovery as the last of the key yearly cycles peaks next year..............................
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Samuel J. “Bud” Kress,... projected that the following year 2009 would be the last year to begin a long term liquidation of conventional equities for those who failed to do so at the all-time double high in 2007. Special Edition VIII of 2009 was titled, “Remaining Five Years: 2010-2014” and discussed the potential for a bear market in 2010, a mini cyclical recovery bull market in 2011, and a once-in-a-century three year period of historic change, turmoil and dislocations to begin in 2012 and persist until 2014.
His latest Special Edition (the ninth one) has just been released and is entitled, “Last Bull Standing 2011.” It may well go down as being the most important one yet, for if Mr. Kress is correct in his prognosis, we will soon enter the final phase of the financial market recovery as the last of the key yearly cycles peaks next year.
Kress predicts that 2011 will culminate the dominance of the U.S. financial and economic system and begin a depression, the magnitude of which will be matched only by the one of 1930-1933. As such, the time between now and late 2011 will represent perhaps the last opportunity for investors to build (or rebuild) balance sheets and portfolios before the final crashing phase of Kress’s namesake 120-year cycle. . . .
In the latest Special Edition, Kress predicts the coming 120-year cycle bottom could bring with it America’s third “great” depression, a World War III equivalent and a third (social?) revolution. The emphasis is laid on the number three, for as Kress points out, when it comes to the cycles – as well as life in generally – events typically come in threes.
...The current 60-year cycle also bottoms in 2014 along with the 120-year cycle.
(20min delay)