Sunday, November 26, 2006

Grand Supercycle Fifth Wave Extension

1 comment:

Anonymous said...

I thought id add to your mr Elliott
1 st of all i have a problem with the extended 5th wave scenerio .
it apears to me that the extended
5th is the emperror with no clothes
except no body has admitted to it .
lets take it as it looks .
1784 to 1835 51 years up ( wave 1 )
1835 ri 1857 22 yrs down ( wave 2 )
73 yrs bottom to bottom .
yrs times 3 = 153 years .
1857 plus 153 = 2010
benner business cycle peak 2010
1857 to 1929 = 72 yrs ( 1/2 144 )
bottom to top ( 1857-1929 )
1929-2002 73 yrs ( top to bottom )
more times
1784-1857 low to low 73 yrs
1857-1932 low toi low 75 yrs
1835 1857 high to low 22 yrs
2000-2022 high to low ???
benner low 2021
now looking at wave count
wave 1 lasted 51 yrs
wave 2 lasted 22 yrs ( 73 yrs )
1857-1929 ( wave 1 of 3 )
lasted 72 yrs ( 1/2 144 )
wave 2 1929-1932 shallow in terms
of time ( based on price )
wave 3 began 1932.
for wave 3 of 3 to be the longest and strongest wave it should last longer then wave 1 of 3 1857-1929
at 68 yrs from 1932-2000 wave 3 was to short in duration of time .
that makes 2002 a 4th wave of a 3rd wave which began in 1932 .
to count this otherwise meanse this .
wave 1-3 lasted 145 yrs
wave 5 began at 1932 low and is now 74 yrs induration . yet price
is way way way out of line .
back to the begining .
wave 1 1784-1835 51 yrs
wave 2 22 yrs to 1857
51 yrs time 3 = 153 yrs
1857 plus 153 = 2010 ( top of 3rd )
1784 low plus fibonacci 233 is 2017
1932 low plus fibonacci 89 is 2021
2000 high plus fibonacci 21 is 2021
benner cycle low 2021
( there is also a benner cycle high 2018 from 2011 low )
hence top of 3rd could be 2017-2018
longer term elliot wave though
looks more like a normal wave 3
when counted using both time and price from 1857 .
the emperror has no clothes
my nickle