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Those of you who trade the markets regularly may be familiar with something called the Elliot Wave Principle. Without getting too complicated here, this principle was developed by R. N. Elliot, and is based on the nature and patterns associated with what is referred to as fractals. Fractals are naturally repeating patterns that can be observed in decreasing scale throughout an object. For instance, if you were to observe the seacoast from an airplane, you would notice certain repeating patterns throughout, and even as you got closer, you would notice smaller degrees of this same repeating pattern throughout the entire shoreline, even when you are looking at a particular small section of it. R.N. Elliot identified fractal patterns within the markets, and was able to predict with a high degree of accuracy the ebb and flow of the stock market by learning to read these fractal patterns. According to Elliot, each wave of a stock market line graph subdivides into various other waves that make up an eight-wave fractal pattern. If the wave is moving in the same direction as the wave of one larger degree, then it subdivides into five waves. If the wave is heading in the opposite direction as the wave of one larger degree, then it subdivides into three waves (denoted by the letters A, B, and C in the figure below). Each of these waves adheres to specific traits and construction, as described in Elliot Wave Principle (1978). Figure 1.2 below is an example of this pattern. (Conquer the Crash, Prechter p. 23)
If the government wants to remove the thought of economic depressions from our minds, all they have to do is change our national economic lexicon. Like a good propagandist, if you control a people's words, then you control their thoughts, and thus their actions. Call a Spade a Club, and you can erase the last two hundred years in economic history. Call socialism capitalism, and you can install a communist dictatorship in the magical guise of free market capitalism, and the people will somehow believe that they are free. Like a cult leader, the government can brainwash millions into going along with their own destruction.
...the free market is about trade and not about consumption or spending. In the real market there is no such thing as a consumer. There exists in the real world no entity that merely consumes and nothing else, except in a socialist scheme where government favors are doled out to their prisoners. If one wishes to eat in the real world, he must work, i.e., produce something by which he can barter for the food that he needs. This fallacy is further compounded by the confusion posed by the terms "supply" and "demand". Idiot economists today actually believe that "demand" is the domain of the magical consumer, while "supply" is the sole domain of large corporate monsters. Such erroneous beliefs highlight how far the propaganda matrix has gone in brainwashing society into accepting socialist and communist ideals. There is no place for the consumer in the real market, but only for real producers, who seek to trade the fruits of their labor for the goods that they need or desire.
And yes, many folks whom I trust (when it comes to economics) are signaling the "c" wave down by this fall/winter...
Message: Peter Elidades , author of Stock Market Cycles comments on Puetz crash Peter Elidades, author of Stock Market Cycles.
"A study was completed by Steven Puetz (pronounced Pitts) showing that 8 of the 12 greatest stock market crashes in history from the Holland Tulip Mania in 1637 to the Tokyo crash in 1990 fell within a time frame of six days before to three days after a full moon (usually also a lunar eclipse) that occurred within six weeks of a solar eclipse. The odds of this happening by chance are estimated to be less than one chance in 127,000."
It is my understanding that this lunar eclipse time period usually marks the onset of the crash wave, which usually takes a week or two to fully unfold, and the worst day of the crash does not usually fall on these few days around the full moon. In fact, Chris Carolan, has shown that it is more likely to occur approximately 55 hours prior to the following new moon. Yesterday, we had a full moon which was also a lunar eclipse and occurred two weeks after a solar eclipse. We had the same setup in 1987 where the market started tanking right on the 10/6 lunar eclipse following the solar eclipse but did not all-out crash until 13 days later, just before the new moon. source