Here is simply what I think the S&P will do in the next two decades. What goes up must come down. Despite political turmoil in the United States, which country is better prepared with a more developed, regulated, and with a perceived "safe" and open financial market, than the U.S.? RSI, Stoch, and MACD all indicate the potential for a strong sell-off. But what do you think? Can wealth be created and destroyed, or only transferred? Are the laws of supply and demand an ultimate truth or is it possible to manipulate a market by creating false demand? Post your thoughts in the comments below! Happy Hunting Everyone.
"I" do a lot of work with "INDICATORS" and "CYCLES". Using the "Dow Industrials Chart". The "Dow" is too overbought to be the final high at this time. (This Year "I" Think) "I" have a special number system to take "OVER BOUGHT" and "OVERSOLD" to many different levels. (Level #1 = Small --- Level #10 = Jumbo) Using these three Indicators, "I" will show everyone something. --- Ultimate Oscillator = "UO" --- True Strength Indicator = "TSI" --- Stochastic = "Stoch" --- (Starting Year = "1915 to September, 2017) --- Using my "Level #5 Overbought" with the "UO" at or above "70.0000" = very, very "Overbought" (First End of Month close at "70.0000 or higher). This has happened only four times "1915 to date". (All numbers are end of Month Close = Whole numbers only --- smaller numbers not included) --- ("October, 1925" = "UO" = 70.0000 --- "STOCH" = 76.0000 --- "TSI" = 35.0000) --- (August, 1928 = "UO" = 72.0000 --- "STOCH" = 89.0000 --- "TSI" = 38.0000) --- (April, 1955 = "UO" = 71.0000 --- "STOCH" = 80.0000 --- "TSI" = 48.0000) --- (September, 2017 = "UO" = 70.0000 --- "STOCH" = 85.0000 --- "TSI" = 39.0000) Please review these numbers with "DOW CHART". "I" will not post a chart, do this on your own. ("Guys and Gals" do you see what "I" see. When did the "DOW TOP" ?) "I" hope this helps with your "Decision Making Process". (June, 1986 --- "UO" = 69.0000) --- (May, 2007 --- "UO" = 65.0000) "I" am doing this for the "Little Guys and Little Gals". "We" the little trader - investor "80% plus" almost always take it in the "---" at the end. (" BIG TOPS ") --- "I" will never quit learning. (This is for "EDUCATION ONLY") "I" am not asking or telling anyone to buy or sell anything. Please do your homework. (CYCLES DUE TO BOTTOM "2022" plus or minus. "I" Think) = "4 yr" --- "10 yr" --- My "20 yr" --- My "40 yr" --- (My "90 yr" = "DOW" Great Depression Low "1932" plus 90 yrs = "2022")
Thanks for listening,
"One Eye Jim"
jeffreyjim
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I would like to share a post comment with you that I made. Bring up the Dow Jones check out the post I put on Guerrera site (He posted on August 20-2017) I think this one will go down as one the greatest predictions of all time. "Only time will tell" I figured this out about 3 yr's ago. If you like you can post it on your site. I about died. I hope I am very wrong. It took me years to figure this out. It was staring me right in the face all the time. I could post a few other things to back this up. I think that would not be a good idea. It would scare the S--- out of every one.
I am not recomending you buy or sell anything.
I am just sharing my thoughts.
One Eye Jim
jeffreyjim
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"AMERICA U.S.A. GOOD LUCK I THINK WE ARE GOING TO NEED IT" These two books have treated me very good over the years. Not just in the markets, but life in general. I started with this book first, THE ELLIOTT WAVE PRINCIPLE, By Frost and Prechter. Back in my early twentys, I am 62 years old. I learned about Larry Williams in 2000 + or - a little. Larry's book "The RIGHT STOCK AT THE RIGHT TIME" is a must. I learned how to combine the information, that I have learned in the two books. Give it a try it is very powerfull. In 1907 the DOW had a 50% correction + or - a little, 1917 the Dow had a 33% correction, 1927 the Dow had a 9% correction, 1937 the Dow had a 50% correction, 1947 the Dow had a 12% correction, 1957 the Dow had a 20% correction, 1967 the Dow had a 14% correction, 1977 the Dow had a 26% correction, 1987 the Dow had a 41% correction, 1997 the Dow had a 14% correction, 2007 the Dow had a 54% correction. What will 2017 bring in the way of a correction? I think Larry Williams and Robert R. Prechter, JR will have the best answers. I have a lot of respect for both of them. In 1982 Ronald Reagan started the greatest bull market in the history of the world, I think Mr. President Donald Trump will end it. It will not be his fault. He is just the man in "THE WHITE HOUSE" at the wrong time of a very bad 20 yr. cycle. I think "Mr. President Donald Trummp" is about 8 years to late.
"AMERICA U.S.A." To See Your Future Look Through The Windows of The Past, BY LARRY WILLIAMS.
Thanks for listening and good luck,
One Eye JIM
Piptocurrency
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@jeffreyjim, Very insightful, Jim, thanks for sharing your comments and your story! I have studied Elliott Wave theory for 18 months now and indeed it is quite powerful. I'm 24 and whatever goes down, I'm prepared!
jeffreyjim
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@Piptocurrency, " I " would like to share something with you.
My 20 yr. cycle (The Good, The Bad, and The Ugly.)
#1a = 1902 to 1922 = Good (YES THIS WAS A 20 YR. GOOD CYCLE)
"I" will let you figure this out on your own.
#1b = 1922 to 1942 = Bad
Remember the rule of alternation. (1922- 1942)
"Hint = First 10 yr. cycle"
"I" will let you figure this out.
#1c = 1942 to 1962 = Good
#1d = 1962 to 1982 = Bad
#1e = 1982 to 2002 = Good
#1f = 2002 to 2022 = Bad
Remember the rule of alternation. (2002 to 2022)
"Hint = Second 10 Yr. cycle"
"I" will let you figure this out.
(Rule #1 = Cycles do not always bottom or top on time.)
(Rule #2 = Each 20 Yr. cycle has two 10 YR. cycles.)
(Rule #3 = Each 20 yr. cycle has five 4 yr. cycles.)
(Rule #4 = Check it out. "This only happens one time every 20 yrs.")
"The 4 yr. cycle and the 10 yr. cycle bottom in the same year."
This is how "I" came up with my 20 yr. cycle.
(Rule #5 = Remember the rule of alternation.)
(Rule #6 = There are many other cycles in each 20 yr. cycle.)
(These are the three main cycles "I" keep my eye on.)
(Rule #7 = The four yr. cycle can work in two different ways.)
"I' learned about this from "LARRY WILLIAMS" many yrs. ago.
" SOME FOOD FOR THOUGHT "
#1a = Chart each cycle seperate. (4yr-10 yr-20 yr) Different set of charts.
#1b = Then chart all on one chart. (Use different colors for each cycle)
That makes them easier to understand.
#1c = Use a different set of charts for this.
Start with 1902-1922 at bottom.
Stack all 20 yr. cylles on top of each other like a (Roman Scroll)
With the 4 yr cycle and the 10 yr. cycle included.
When "I" did this it blew me away.
Please remember "ONE THING" this has helped me
out in every day life. (Not Just trading)
You are 24 yrs. old and "I" am 62 plus yrs. old.
"I" wish "I" knew about this when "I' was 24yrs. old.
"I" have not told you every thing, but you are young.
"I" have a very bad heart need "I" say more.
"The fellow that can only see a week ahead is always the popular fellow,
as he is looking with the crowd. The fellow that can see years ahead has
a telescope but he can't make anybody believe what he sees, because
" THEY " can't see it.
" BY WILL ROGERS "
"I" just wanted to share this with you,
"ONE EYE JIM"
Piptocurrency
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@jeffreyjim, thanks for your insightful comment, as always! This is not just food for thought, it's an exquisite 15-course brain meal. Sometimes your posts are cryptic, but I love it because it forces me to use my noggin and work through it, and not be lazy like so many millenials are. It's kind of sad, the unemployment rate for millenials is roughly DOUBLE the national average. WHERE DID OUR HUSTLE GO?? Anyway, Jim, you know the old saying, you're only as old as you feel, and you may not think a 24 knows jack s**t but I've survived things physically that you couldn't imagine, its like a prison riot inside my cells, no day should be taken for granted. I'll leave you with this: if the bombs go off then guess what you're just the same age as everyone else when you get caught in it. Some people say it's the book of Revelation times. Nostradamus predicted there would be a great wall built (a la Donald), and then a great rising up. Every day is a mystery. My training is in history. Take care One Eye Jim.
jeffreyjim
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@Piptocurrency, Please believe me if (" I " thought you didn't know " JACK---- ") "I " would not be sharing this with you.
Learning about these things are not easy. I think when you chart this it will make your " EYES " pop out of your head.
Like it did me. (about 17 or 18 yrs ago.) I hope you see what I see. Every time I study these charts it just blows me away. Most people think I am crazy.
They think nobody can predict a markets future. I study this stuff almost every day and not just for an hour. I think the roman scroll
part is very cool. (DO THIS ONE LAST) Please up date me as you chart this stuff. I never quite learning.
#2a = 1927 = Topped in OCTOBER ( 9% drop )
#2b = 2007 = Topped in OCTOBER ( 54% drop )
Piptocurrency
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@jeffreyjim, A question for you, I re-read the century cycle you posted, but where can I find the data and chart them on themselves as you suggest, good sir?
ezkappdo
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lovely but expect faster decline due to debt ratios,banks failure (starting with Europe), China failure to cover its true problems and negative yielding bonds....drop in Sept-Oct then reflex bounce then true dive in Feb-Mar - into deflationary recession .....then massive global QE - which will be a viewed more as failed fiat and to inflation leading to true failure in 2020's
Thanks for listening,
"One Eye Jim"