17-Year Stock Market Cycle (P4)
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Oops! No wonder! To-date, I am still doing research to find the final piece of the jigsaw puzzle for my Stock Market Time Clocks! Hmmm... maybe I did not read W.D. Gann's book 3 times! So now I'm āreadingā it again!
Yesterday my nephew asked me whether I can use the formula to time short-term market bottoms. āYour formula forecast long term, by years, too long, I cannot trade with such turn dates.ā
So I decided to give it a try. Bingo! Amazing discovery! This formula consistently timed all major DOW market bottoms since the March 6 2009 turn! Wow! I should have thought about this long ago as it offers clues on the long term as well. Hmmm.. provided the formula still works going forward, as short term cycles can disappear! Huat arh!!!
It never occurred to me to input the July 27/28 1900 Venus & Jupiter direct date into my Stock Market Time Clocks as I do not have the DOW data to check what happened to the stock market then. This morning, I decided to give it a try.
Guess what I discovered? It timed major market tops and bottoms such as in 1932, 2000, 2002 and 2007! Wow! Yes, DOW dropped after the 1900 date. Remember what happened to DOW after Feb 15 1966? Will history repeat?
November 18 2010 is 45years from Feb 15 1966.
1996 ended the 17-year Bull Market.
The next 17-year Bear Market ended in 1982. November 18 is 28 years from 1982, that is 7x4! Guess what do you get when you add 17 years and 28 years?
The next 17-year Bull Market ended in 2000, so the next 17 years is a Bear Market? Remember what Warren Buffet forecasted?
Oops! I think I managed to get the correct formula for timing anniversary dates. Someone said W.D. Gann mentioned in his book, so I'm reading to confirm what he said. So November 18 2010 should be the 10 year cycle date, or should it be November 23, 2010 or ?
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