This Ferrara bloke sounds like a pretty smart fella to me. No doubt he is a smash with ladies when he tells them about his 17 year cycle.
My cycle is probably really a 17.2 year cycle. Let us not forget the work of Armstrong. the first thing he did was count up the number of crashes and divide it into the time the DOW has been listed. Hence the AVERAGE 8.6 years between major lows and probably why my model is not as perfect as the 20 year model.
about every 4 armstrong cycles we have a crash of the magnitude we are having now 1906, 1931, 1973, 2007....not exactly 4 but over time the average is not too bad.
That's also why I think the opposite to Volt that this crash is the biggie and 2013 will be a higher low....sort of like 1977 although 1937 and 1942 ruin my theory a bit.
looking at the 2 bears this fall should be the largest by far but depending on how high we rally will determine if 2013 is a lower low or not.
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