17-Year Stock Market Cycle Part-3
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W.D. Gann said: “History repeats itself. The future is but a repetition of the past. Get past history, find out what cycle, then predict the curve for the future.”
As discovered by one “GANN” Expert, the US Market Index Pattern can be forecasted using past history.
Look at the Chart. Can you see the recurring DOW Chart Pattern for the period 1924 to 1937/1939?
Is the DOW Chart Pattern from 1994 to 2009 very similar to this period?
Based on the Kondratieff Wave Theory, we are now in the 4th Kondratieff Winter Period. Can you see the recurring Winter Period Pattern in the DOW Chart?
Wow! This Kwave-Cycle expert forecast DOW 1000 by 2012!
(source: thelongwaveanalyst).
So, now you see: The Past is the Future!
Will this “history” continue to repeat in 2010?
Time will tell!
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