There are patterns in the market IF you look. Sequence analysis and cyclical mathematics are an important tool in my trading. I guess I qualify with a PhD in number theory from MIT to talk about this but I don't think it is a must have requirement. This link explains some of the sequence analysis http://www.tsing.com/theory/lesson25.htm and this paper has shown me alot too Numerological Analysis of the US Stock Market (c) Michael J. Henry With thanks to Bob Bronson for inspiring me to start researching numerology. It appears to me that the stock market has both some binary and fibonacci properties, but properly speaking, you could say that fibonacci also includes some binary properties. Prechters decision to give the EWT wave forms and counting primary importance, blinded him, I can see in retrospect, to the more important (according to Gann) time periods. It is hard for anyone to deny upon examination, the fibonacci time periods that appear vividly over the history of the US stock market. Also, I find cases of Prechter's wave labelling that strikes me as patently ridiculous, such as labelling a 1965 as the top, with a smallish dip being counted as a wave A, followed by a higher wave B which conforms with the whole previous uptrend, followed by a big C wave down. According to Gann, bull markets are best measured from the bottom of the previous bear market, and bear markets are best measured from the peak of the previous bull market. The fifth wave dip in 1965, would have, according to Gann, been interpreted as a warning that a major change in trend would soon be developing, but not have been divided into an additional 2 wave formations. Even in 1978, with wave forms and trying to fit counts, Prechter lost sight of the over-riding importance of time periods. He was estimating that a millenium cycle and super cycle stock top was due around 1983. Now I could have probably told him to consider the last year of the millenium, 2000, would be a good place to look for the end of his supposed millenium cycle. Numerologically, lets look at two important fibo numbers. The 5th sequential fibo number and the 12th sequential fibo number. Both Gann and Bucky Fuller considered 9 also important in numerological analysis, though Bucky didn't do market analysis, but provided a good long term history of mathematics and analysis of number systems that Nature probably uses, where he speculated that perhaps base 12 was Nature's number system. Brief look at a small sample of fibo numbers: sequence: 1 2 3 4 5 6 7 8 9 10 11 12 fibo: 1 1 2 3 5 8 13 21 34 55 89 144 The fifth sequential fibo number is 5 itself and divides the numbers in half - 4 larger digits, 4 smaller digits. The 12th sequential fibo number is 12 squared. Prechter says that 144 is the count of waves making a complete cycle (if he knew how to count waves properly, it might turn out to be of use - I am not at all convinced of his wave pattern and counting schemes). 12 is also important to Gann with his master 12 chart. 12 is the number of months bringing us to a completion and start of a new year. 12 is the number of signs, the numbers on the clock, the number of apostles, the number of tribes of Israel, etc., etc. The twelfth fibo squared (144 squared) is 20,736. Seven is the "death" number and the seventh fibo number is 13, supposedly an unlucky number as carried over historically where in the US and Europe at least, we often find building floors numbered 11,12,14,.... skipping that unlucky number as people don't want to be located on the 13th floor. For numerological analysis of time periods, I am using 3 different year periods for 3 types of analysis: 1) For fibonacci analysis of US stocks, the Calendar year from Jan 1 to Dec 31, 2) For the US spiral chart, (born July 4, 1776) the US year is July 4 to July 3, and 3) For the US stock market spiral chart, (the New York stock market was born, incorporated, on May 17, 1792) US Stock year is from May 17 to May 16. All spiral chart analysis begins with zero, the date of birth, and counts on from there. Some fibo numerology: Probably the most significant US stock market event was the 1929-1932 drop in stocks from the 1929 Dow high of 386 to the 1932 Dow low of 41, lasting 3 years. Dividing the time before and the time after by this event leaves 4 * 34 Calendar year periods before and if 2000, the last year of the millenium, marks the top, 2 * 34 Calendar year periods after this event, adding up to a total of 207 years since incorporation in 1792, using calendar years in this example. We certainly see major 34 year periods in operation after the major US stock market crash bottom in 1932. From 1932 low to 1966 high is 34 years. Prior to 1929, I have not analyzed the fit of what measures out to be four 34 year periods due to having only a rough graph as my data for those time periods from 1792 to 1929. From 1932 + fibo 5 reaches 1937 + fibo 5 reaches 1942... From 1966 to 1987 top & crash is fibo 21, from 1974 to 1987 is fibo 13. From 1987 to 2000 is fibo 13. Does the mean that 2000 has to be THE top? No, but it will be a major top. In the U.S. (nation) spiral chart, the 224th year would land on a 45 degree angle of the fourth quadrant, on the seventh level (seventh spiral out from the center, seven being a death number) - if landing on that angle is the point of resistance, that would start July 4, 2000 and run to July 3, 2001. The 1987 stock crash occured on the 45 degree angle of the 3rd quadrant on the seventh level, or 210 years after the birth of the US. 1987 is also measured as (fibo) 55 years after the 1932 bottom, and we know to measure bulls from the bottom of the previous bear bottom. I think that I label quadrants differently than Gann - his drawn examples are scarce. I don't think that Gann was into fibo numbers, but I see many examples where he points out what is a fibo number important number of years as being very significant for a commodity, such as 13 years for cotton. 1776 + 144 fibo years marks 1921 as supposedly a period of completion and the start of the 1920's bull market - that falls on the 6th spiral level 45 degree angle of the 2nd quadrant. 1973 lands on the 196th year of the 7th spiral 45 degree angle of the 2nd quadrant - a supposed K-wave peak. 1980, the peak in Gold and Silver and challenge to the US paper money system lies on the 90 degree angle between 2nd and 3rd quadrants, seventh spiral level. (continued on another post to keep the size reasonable, give time to chew and digest, etc)
Another in a series of Gann spiral chart analysis, using the US (nation) spiral chart. Numerological Analysis of the Usurping of Control of the US Monetary System (c) Michael J. Henry Of note of interest, I am using my Chronicle of America book for some historical references (a compendium of selected newspaper articles as they appeared for each year in the US along with pictures and drawings), though it seems to miss alot of monetary history events, which I will seek other sources for. If you don't have a spiral chart made up, it would be a little less clear. Will continue with stock analysis at some other time. For now I'm inspired to look at gold and silver and the usurping of control of the US monetary system by the banking interests in respect to fibonacci numbers and with respect to the the US (nation) spiral chart. Actually, when the US when born, had hyper-inflation that year - that could allow either an interpretation of this line of events along the 0 degree line (2009 is the next year to hit that angle) or it could allow for it to occur along any of the major 45 or 90 degree lines. Events on the 0 degree line include 1862, when green-backs were authorized to be issued, without any backing by gold or silver. If you plot the -1 year it would come out on that 45 degree angle that the year 2000 lies on and my choice for the top of the grand-supercycle-stock-market-bull to reach it's top (-1 would be 1775, the year before the US was born and was the start of the issue of non-specie backed paper currency which would hopefully be good if the US won, but it still turned out to be no good). It finally collapsed to 1/1000th of its nominal value by 1779 which is on the 90 degree angle that the year 2025 lies on. A capsule summary: In plotting years of interest along these lines, I found that many of the events did not fall on the ordinary angles drawn through the center of the US spiral chart. Instead, I ended up drawing the lines of these plotted occurances (next to each other on the spiral chart) such that it formed what I later recognized as an ancient Jyotish chart template (just a figure of lines making triangles and diamond squares) on top of my spiral chart - to my great surprise. I have no idea if this is of any significance - but it was interesting to me - I've now sub-divided that into 1/32nd triangles. Next step after this is the drawing of concentric circles over the spiral chart. In 1967 Congress authorized the U.S. Treasury to stop redeeming silver certificates in silver dollars or bullion - this is fibo 34 years after the 1933 Gold Reserve Act which made gold ownership illegal for US citizens and no more gold redemptions for gold certificates. 1972 marked the year where official gold exchange rates were raised twice creating a two-tier gold market. From 1967 to 1972 is five fibo years. From 1972 to the 1980 top in gold and silver is fibo 8 years and fibo 13 years from 1967, 5 fibo years from Jan 75 when US citizens were allowed to own gold for the first time since 1933. However, you could also say that 1965, the US went off the silver standard also in terms of coinage, so mark one up for Bob - 32 years (which of course can be fibo's 21+5+3+3). After all as President Johnson said, silver is getting too valuable to be used as money, and it was no longer minted into coins and withdrawn from circulation. Re-reading some Gann, he is stating that the 8th and 9th spirals are the death spirals, especially where they meet up with the 0 degree angle at the start of the spiral. That might mean something significant for 2009-2010. I for now interpret 7-8-9 as being the death spirals. If Prechter is correct about there being a millenium cycle, that could have some over-riding implications for big happenings in 2000 and 2001. Martin Armstrong in his analysis of gold, tends to think that early in 2001 will be a good candidate for a bottom and rise in gold - I sort of like that analysis. Y2K will likely cause problems and reduce the over-capacity that has been driving down commodity prices in the 1990's decade, by involuntarily shutting down oil refineries, manufacturing processes, etc. But there may be a ratcheting down of the economy, reducing the demand side of the equation after all of the inventory stocking and Y2K repair expenses being incurred in 1999, has completed. I like January, 2001 as a likely time for a big move in gold and silver - it gives one year for disappointed gold coin holders to dump them when (if!!) Y2K does not cause the world to stop. January 2001 is 21 years after the 1980 high and 8 years after the bottom in silver of 1993 and it fits Kit's 6.3 year bottom cycle. But January 2000 is still possible also, fibo-sub-divided-wise, stock market trouble wise, millenium-wise, etc. For the bottom to be reached, we should see gold drop under $200 to a target of either $180-195 or much less likely, to $103. So we have to see how fast gold drops. Looking at the US (nation) spiral chart, on the 7th spiral out from the start (zero at July 4, 1776), reaching 189th year falls on the year 1965 and lies on the 90 degree angle between the 1st and 2nd quadrants - the year that the US went off of the silver coin standard. The year 1980 is the 203rd year on the US spiral chart and lies on the 90 degree angle between the 2nd and 3rd quadrants. The 217th year of the US spiral chart lies on the 90 degree angle of the seventh level between the 3rd and 4th quadrants. It works out to be the year 1994 - seems to be one off for reaching the bottom of silver in 1993, but works out to be the start of this last big leg of the current US stock bull market. The year 1993 for a bottom in silver is 13 fibo years from the top in 1980. The Calendar year 2009 lies on the 90 degree angle between the 4th and 1st quadrants of the US spiral chart, and works out to be the 232nd year. The number 233 is the 13th sequential fibo number and will occur in 2010, one year after the start of the eighth spiral level - probably of some very great significance. The year 2001 marks the 21st fibo year from the 1980 high in gold and silver. Lines of happenings on the spiral chart, not plotted through the center of the chart. An interesting phenomenon occurred, very much a surprise to me: I admit being new to seriously interpreting Gann spiral charts. I am just looking to see what I find. One interesting phenomenon I am observing is a line of happenings related to debasing of the US currency, but not on a normal angle starting from the center of the US spiral chart, but forming a parallel to a 45 degree angle, 4 spaces over from the center, diagonally. Some plotted events that are adjacent and form a line on the sprial chart: 1833 at the 56th year of the US spiral chart, "President Jackson Slays the Bank" by withdrawing federal funds from the Second Bank of the US. Depicted is General Jackson slaying the hydra-headed bank monster trying to take control of the US money. 1869 marked the attempted and foiled manipulation in the value of gold by Jay Gould and others, and lands on 92 years on the US spiral chart. 1913, the formation of the Fed lands on year 136 of the spiral chart. 1965 marks the elimination of the silver coin from the US monetary system and lands on the 188th year. 2025 is yet to occur in this line of related events, year number 248. If Eric is correct about gold not playing much role in this K-wave cycle, that year would be about near the top of the FDC growth K-wave cycle, measured from a trough of 2000. It is also on the angle where the continental, in 1779 was basically worthless (1/1000th of its nominal value). COMPLETING THE LINE OF EVENTS OF THIS LINE IN THE OTHER DIRECTION: 1865 is year 88 - the time of hyper-inflation of the confederate money, not to mention the North's problems with forcing people to accept unbacked by gold, greenbacks currency lost 50% or more of its value. By 1865 approximately one-third of all circulating currency was counterfeit. 1905 is year 128 - don't know what may have happened if anything. 1953 is year 176 - again, don't know anything about it of significance to these events. 2009 is year 232 which is the 0 degree of the start of the eighth "death" spiral - strong resistance to something in the year 2009 and is met by 2 converging lines on which hyper-inflation events occurred in our US history. Also it is one year away from 2010 for the 13th sequential fibo of 233 since the US was born. 1882 marked the first post civil war gold backed paper currency issued. This lies on the 90 degree angle between the 2nd and 3rd quadrants, same angle, but 2 spirals in from the 1980 high in gold prices. 1893 panic - gold just about gone.
Numerological Analysis of Stuff - Long post. (c) Michael J. Henry The Gann spiral chart is just a type of master chart that can be applied to anything. It is always the same numbers in the same places, except that it can be applied to something that was started in any particular date (at the zero starting point in the center). Simply count the zero as the start date of what is being analyzed, translating future time-periods (days, weeks, months or years) to that particular numbered square on the spiral chart. Gann's "death zones", on the eighth and ninth spirals on the Spiral chart where they meet up near the zero angle, are in my opinion merely because it meets the same fibonacci 233 at the start of the eighth spiral, and on the ninth spiral hits the 370-380 range which is where fibonacci 377 lies. 89 and 233 lie in the same 1/16th triangle of the spiral chart and I interpret them as having a similar nature. Are fibo's the only time-periods to watch for? Of course not, but they are something significant to watch for, such as the fibo 233 death characteristic: 1762. Barings bank founded. + fibo 233 years = 1995. Barings bank folded in bankruptcy due to rogue trader Nick Gleeson's losses. It was Britain's oldest merchant bank. 1690. The first State issue of paper notes (in north America) was made by the Massachusetts Bay Colony. The notes promised eventual redemption in gold or silver and could be used immediately to pay taxes and were accepted as legal tender. The example of Massachusetts was followed by other colonies who thought that by printing money they could avoid the necessity to raise taxes. + fibo 89 years = 1779 the year of peak hyper-inflation of the U.S. Continental currency. 1776. Birth of the U.S. + fibo 89 years = 1865 marked the end of the civil war when the next occurance of hyper- inflation occurred for the confederate currency of the South and loss of value of the greenbacks of the North (the first non-specie backed currencies since the continental currency) July 4, 1776, the Declaration of Independence (birth of the US) + 233 fibo years = July 4, 2009 - July 3, 2010. Something to watch out for. If for some odd reason stocks do not top out in 2000, then 2008 would be the next fibo likely place for the grand super cycle to top out. Anything that makes it past, say 224 years, or is approaching 233 is to be viewed with great caution. May also apply to months, etc. but not researched by me. The fibo 144 lies by itself out on the 2nd diagonal corner (the second diagonal is composed entirely of the even integers squared and in the opposite direction, next to the 4th diagonal line, lies a line of all the odd integers squared). and 144 indicates a completion of a process. Some examples of the 144 time-period completion of a process: May 19, 1643. Articles of Confederation of the United Colonies of New England were adopted by the four main confederates for united defense, etc. . Eight commissioners who choose a president from amoung themselves, carry out the laws and responsibilities of the articles including the ability to wage and direct war. + 144 years = Sep 17, 1787 the constitution of the United States was approved by the convention of delagates representing 12 of the 13 states. (But not in effect until 1789). 1776 + 144 = 1921. Indicates a period of completion. Apparently with the banking in this example. 1860-1921 Number of banks in the US increases by over 19 times. During the same period bank numbers fall in other advanced countries but in the US a peak of nearly 30,000 is reached in 1921. 1791. Bank of United States is legislated into existence and is chartered for 21 (fibo) years, by the 13 (fibo) colonies. + 3 * 34 = 1913. Federal Reserve bank is legislated into existence. You could measure 144 years from the initial year, from the final year, or the start of the second bank or end of the second bank. Not everything is going to turn out 144, but it is worth investigating for time-period investigators. 1779. U.S. Continetal currency hyper-inflation reaches its peak inflation. + 144 = 1923. That would apply to German hyper-inflation - valid example ??? + 21 = 1944-1946 Hungary suffers from the world's worst ever hyperinflation. 1945-1948 Germany suffers from hyperinflation Fibo 13 lies in the 2nd 1/8th triangle. Fibo 3 lies on the line between 2nd and 3rd triangles, fibo 34 lies in the 3rd 1/8th triangle. Fibo 34 seems to be playing a strong role in the U.S. markets and history. Fibo 5 lies in the 5th 1/8th triangle (no surprise that the 5th sequential fibo 5, lies in the 5th 1/8th triangle right?). Fibo 21 lies in the 6th 1/8th triangle by itself and fibo 8 is in the 7th 1/8 triangle by itself. Other important numbers to watch for are the square of any integer (they line up on the second and forth diagonals in the spiral chart), any multiple of 20, any multiple of the 54 FDC, 1/2 of the important fibos 34 and 144 (17 and 72), otherwise other angles and areas of the spiral chart also play a role: 1607. The first permanent colony established in America at Jamestown. More than 80% of those who settled there over the next 2 decades died within a few years of arrival. + fibo 13 = 1620. The second English settlement took root when a group of Puritan Separtists settled at Plymouth. The English settlements differed from the Spanish and Portugese in that they considered themselves to be creators of communities that would be entirely their own and made no serious efforts to blend English civilization with that of the Indians.
Numerous examples, but 13 colonies, etc. shows some importance. I have found one errata to previous Numerological posts so far: The 224th year that lands on the 45 degree angle of the 4th quadrant of the US spiral chart is the year 2001, not 2000. No big deal, for my conclusions of a major stock top are based upon fibonacci time periods: The year 2000 for stocks and 2001 for gold, and not on the spiral chart major angle lines, though there seem to be many runs that do start and stop on those angle lines. For now, I will use straight forward math 1990 - 1985 = 5 years. The number of years separating events and not worry about what is the 5th year (starting 4 years after an event or starting 5 years after an event). There may have been a couple of one-off errors - if so, you are required to do your own analysis and not have everything handed to you on a silver platter - DISTRUST anything you haven't verified for yourself by your own examination! Possible Dow Tops by Numerical Measurements (I'm skimping on examples) ------------------------------------------------------------------------------ -------------------------------- 11,600 Area: ------------- See Felix post. 13,000 Area: ------------- 1929 high of 384 * 34 = Dow 13,056 1966 high of 1001 * 13 = Dow 13,013 1987 crash low of 1,616 * 8 = Dow 12,928 18,688 Area: ------------- 1932 to 1966 Dow gained 2,428 %. The same percentage to 1982 low is Dow 18,695. See Felix post and change to 55 from 34 for Dow 18,688. 21,000 Area: ------------- 1929 high of 384 * 55 = Dow 21,120 1966 high of 1001 * 21 = Dow 21,021 1987 high of 2,746 * 8 = Dow 21,973 1987 crash low of 1,616 * 13 = Dow 21,008 12th fibo, 144 squared = 20,736 Some have cast aspersions on Gann, that he wasn't the great successful trader with insider cosmic numerical knowledge - maybe so, maybe not. I could have sworn that Gann was very wealthy but eccentric, lost money a couple of times due to bank failures, loaned a fair sum of money to Jesse Livermore and gave him a good comment when he paid him back years later. It is possible that Gann was eccentric and wealthy and did not give much to his family and disposed of his wealth to charity before death, or he was mainly interested in learning and did not actually speculate that much, or he was a clever fake. His writings don't strike me as such a fake except that he throws in way too many numbers for periods and confuses things - perhaps on purpose or to indicate some other important considerations which he does not reveal directly. I am finding things of significance. I guess he studied market moves spanning many centuries (and certainly over a much greater time of study than myself) to get his time-period views. Yes, that does make a big difference studying many centuries rather than just studying your own century (or less, or none!). The 224th year of the US, 2001 works out for what I think will be the major bottom in gold before an immediate big rally that I am looking for. 1980 was 6 * 34 years after the birth of the US, and was the high in gold & silver. 2001 is the first good bet of hyper-inflation. It is: 4 * 34 fibo years after 1865, the civil war hyper-inflation of the Confederate currency and to a lesser degree of the greenback. 2 * 54 years (108 is an important Vedic number amoung very few numbers) after the 1893 panic where gold was just about drained completely out of US treasury (also 2 FDC 54 year longwaves). 224 years lies on the 4th diagonal of the spiral chart. 2 * 34 fibo years after 1933 congress Act declaring the non-redeemability of currency in gold, 1 * 34 fibo years after 1967 congress Act declaring the non-redeemability of currency in silver, 1 * 21 fibo years after the 1980 high in gold and silver, The very start of a new millenium cycle. 2009 will be the next best bet should 2001 not turn out. It is: 233 fibo years after the birth of the US (fibo's 89 and 233, only, occur in the same 1/16th triangle of any spiral chart and thus appear to be related fibo numbers), 144 fibo years after the 1865 hyper-inflation, 21 + 8 fibo years after the 1980 gold and silver high (fibo's 21 and 8, only, occur together in the same 1/16th triangle in a spiral chart), 34 fibo years after 1975 ownership of gold became legal again in the US. Occurs on the 0 degree angle of the start of the eighth spiral - the death zone of extreme resistance on the spiral chart. (377 - 5, or 4 * (89 + 5)) years after the Dutch Tulip Mania bust. 2 centuries + 89 fibo years after South Sea and Mississippi bubbles burst. Look for gold to hit a target of about either $180, or much less likely $103, to choose which period as it approaches. Be so Bold as to Hold Gold as Told and Mold yourself into safety, lest you be left out in the Cold and Fold when you are Old, possessing none to be Sold. Government milestones/policies, Federal Reserve activities and other events time periods: 1634-37. The Dutch Tulip Mania reaches a peak. Many had sold land and other possessions at distress prices to get into investing in tulips, many turned them over for a profit, but when the bubble bursts they drop to one- twentieth, or less, of levels prevailing a few days earlier. Many contracts broken. The courts ruled that it was gambling and contracts were not enforceable. Many went broke including lines of noble blood as well as common people who had become wealthy during the mania (peak reached $21,000 in today's US dollars for some rare tulips). + 84 (4 * 21) = 1719-10/1720. Scotsman John Law's French Mississippi scheme ended in financial panic that touched all of Europe. It all started when John Law met the Regent of France in a casino and convinced him to give Law's company control of the vast Louisianna territory, promising investors riches from gold, silver and diamond mines along the Mississippi. The boom, combined with the over-issue of notes by the Banque Royale, leads to a drain of precious metals from France to London.
1719-9/1720 English South Sea stock collapses after rising steadily from January. All kinds of joint-stock companies suddenly appeared, hoping to cash in on the speculation mania. Some of these companies were legitimate but the bulk were bogus schemes designed to take advantage of the credulity of the people. Bubbles, both large and small, had some overseas trade or "New World" aspect. Raising capital sums by selling stock in these enterprises was easy work, and brokers, or "jobbers" as they were then called, had a field day. + 55 = Jun 22, 1775. The Second Continental Congress resolved to issue paper currency to finance the war, redeemable in 7 years by the colonies according to their respective populations - became worthless. + 144 = 1864-65. The confederate paper dollar was worthless. The North's unbacked by specie Greenback loses over 50%, with an estimated 1/3 of the bills in circulation deemed to be counterfeit.. + 233 = 1953. ?? The mystery year that keeps popping up, but know nothing of it. + 144 = 1779-80. In the new United States, the continental currency was virtually worthless, unbacked by specie, though the country won the war. + 233 = 1869. The gold investment scheme led by Jay Gould and others fails. + 377 = 2013 ???? 1913 the Federal Reserve was formed in US legislation and is: 4 * 34 fibo years after 1777, the year of ? 3 * 34 years after 1811 Bank of the United States' charter is not renewed Public opposition to British shareholders, suspicion that the bank is exceeding its constitutional powers, and opposition from those who believe that banking should be controlled by the states not the Federal government, are responsible for the demise of the bank. 80 years after Jackson defeated the bankers in 1833, 1816 Second Bank of the United States founded (17). 1914 the Federal Reserve issued the first Federal Reserve currency notes. 1934 was 21 fibo years after the Federal Reserve was formed, and marks the year that only the Federal Reserve Banks were allowed to hold gold. 1967 was 34 fibo years after the 1933 Gold Reserve Act, and marks the year that the US legislature passed the Silver Reserve Act. 1968 was 55 fibo years after the Federal Reserve was formed, and marks the year for which the 1967 legislation applied to for disallowing redemption of Federal Reserve Notes for silver. Some century markers: 1775: 1875: 1975 was the first year that US citizens were again allowed to legally own gold and was 200 years after 1775, the issue of the first US non- specie backed currency, 100 years after the 1875 US Resumption Act This is intended to restore the convertibility of banknotes into gold. Full redemption is promised by 1 January 1879. 1833: 1933 was the Gold Reserve Act 100 years after Jackson slayed the bankers by removing treasury funds to state banks from the Second Bank of the United States, which quietly folded soon after. 1865: 1965 was the year the US went off the silver coin and was 100 years after the last bout of paper-currency hyper-inflation. 1812-1814: 1913 War between the United States and Britain Inflation takes off in the United States. Without the restraining hand of the Bank of the United States there is a huge increase in the number of banks issuing notes with very little specie backing. This experience swings opinion in favour of creating a new national bank. 1893 US silver purchase laws cancelled The abundance of silver on the world market enables gold to be purchased in the US at favourable rates, leading to a gold drain. Fearing that supplies of gold will be insufficient to back note circulation President Cleveland cancels the silver purchase laws. 1893 Herschell Report on India's silver currency In accordance with the recommendations of the committee set up because of the fall in the value of the Indian rupee, the British authorities close Indian mints to the free coinage of silver. The resulting reduction in the circulation of rupees raises their exchange value and it is stabilized at 15 rupees to the gold sovereign, preparing the way for a move towards the gold standard. 1993 Low in silver reached since 1980 high. What happened in 1953 that was of significance to the outcome of things to be ? This number has popped up several times from different types of analysis, yet about the only significant thing I find is the ending of the Korean war... Does something about 1953 and Korea play an upcoming role of importance, or is it just a pattern that came to an end before reaching 1953 ? I wasn't going to mention this, but tonite I hear North Korea sunk a South Korean something or another. Michael
OK, OK... I'm back home posting stuff so here I go... I really don't want to stick to Gann or Elliott (or Fib) with this thread. But want to get some insights about how traders... again... TRADERS.... related their market interactions and perceptions with science. There are a lot of metaphorical aspects of trading towards science in general. I've done some self-studies in the topic on my own (sure it's Gann biased but Gann Analysis is an undeniable perspective towards for ME...) and found it to be intriguing and I'm wanting to get some insights... I've got some martial arts experience in karate and aikido. Watching my teachers reading and studying mechanical physics and psychology intrigues my senses how they are related and have to be done like how I've done in trading. .... OK, with Einstein, I have to say there nothing new under the sun. There is nothing uncertain in nature. Just like how science evolves and improves into a deeper understanding of nature. It's just that we tend to accept uncertainty as a law because of our lack of understanding and knowledge. Thinking back 500+ years ago, people thought that the world was flat or planets were moving randomly. Now, we have a different perspective. History repeats and it's something to consider. Putting the topic back to where I hope it will be... let's talk about Chaos Theory. (Yes, surf... I want your thoughts on this) There is an uncertainty in natural phenomenon but there is a pattern to these.... Fractals are one and used greatly in weather forecasting and other fields like trading. Any thoughts???
reading a popular press book on Chaos Theory does not qualify you to even speak on the rudiments of the theory let alone its application to real world events. you will be wrong and far off the mark on any "conclusions" you may reach. and your "kung fu" nonsense is worse than useless. ps btw, your post demonstrates that you know next to nothing about Quantum Theory as I predicted.