I won't comment on religion here but I'd like to contribute what I know about Elliott Wave Theory. EWT is generally used to study cycles in stock
markets. It's a fascinating topic and I know quite a lot about it, having studied it for 30 years.
Basically, it's the theory that there are cycles which are somewhat definable, visible and therefore predictable. That's the theory. On a day to
day basis, you can lose your shirt in the stock market if you rely on this theory and nothing else. Trust me, I know about losing money. But it's
also dependable enough that I've gotten all that money back.
Ok, this theory also points out that no matter which time scale you're looking at, the waves of the cycle repeat in predictable fashion. It's like
fractals. And I know with 100% certainty, that part of the theory is correct and irrefutable. In other words, it doesn't matter what the time scale
is, on the chart you're looking at... the wave shape will be the same. In fact, if you showed a chart to an Elliottician and hid the time scale of
it, he wouldn't know if it's a chart showing 5 minute intervals of time, or 5 year intervals. The entire theory relies heavily on the Fibonacci
This theory therefore also predicts cycles of civilization and of human behaviour... because those things change as economic conditions change.
And right now, it appears that we are in the downward leg of what they call a Grand Supercycle Wave. And it's not good news over the next decade or
so. It portends much more economic disaster world wide before this is over. That having been said, after all that doom and gloom is finished, it's
another up-leg that will bring humanity to technological and spiritual levels that we can't even fathom today. So in the long term, it's good news.
In the short term (over the next 5-10 years) it's pretty ugly.
Therefore, no matter what you think of Robertson, his prediction is not out of line. C'mon, 30 years ago you wouldn't even hear the work shyte on
the TV. Nowadays, it's 'F' this and 'F' that, constantly. That alone show that society has indeed been spiraling downward when we're looking
at morals... that's not even dabatable. If there were gay cowboys in the days of Billy the Kid, you can bet your bottom dollar they didn't go
swishin' into the saloon together. Nowadays, that's commonplace.
The study of Elliott Wave Theory is relatively simple but with half a million rules, it becomes somewhat complex. Some analysts claim it's all bunk.
Here's a stylized picture of the general wave pattern from Bob Prechter's site:
Bob Prechter is the world's preeminent guru in this field. I read books he wrote back in the '90's such as "At The Crest of The Tidal Wave" and
they turned out to be very prophetic.
Any of you who get interested in this study will find that it's exceedingly helpful in trying to discern the path humanity will take and in fact,
understand the path we've taken to get to this point in time. Pat Robertson, I hate to say it... is possibly right.
[edit on 17-5-2009 by Albertarocks]