John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cogito Ergo Sum who wrote (10531)	11/12/2008 1:50:56 AM
From: John Pitera	Read Replies (1) of 33421

We have to remember Martin A Armstrong's fairly concerning projections beyond early 2007....... 2007.15 is projected by Martin to be a peak in commodity prices including Gold, however it could extend out into 2012 according to him. what we witnessed projected mamy years in advance... peak in Commodity prices during the 2008.5 portion of the year. In general the model indicated that everything would inflate again after the 2002 low, with an emphasis on hard assets - commodities, real estate etc. but given that the dow jones 30 took the lead and made new highs into the 2007 cycle date while commodities and housing peaked earlier that shows that capital had turned back to stocks (especially the blue chips) again. Which could tie into Don Wolanchuk (top timer's digest winner) assertion that we have entered the epicenter of primary wave 3 (elliot wave talk) and the dow is headed for 20K in the coming years. What lies beyond this time period is somewhat of a mystery as Marty and his computer can't talk anymore, however he has warned since at least the early 1990's that a major international debt crisis was a certainty with hyper-inflation, hence his statements - "My view of the future is not a very nice one." (had he only known that that would end up being personal premonition) and "We are going to live history." The 51.6 year confidence in private markets wave will end in 2037 which is likely to be a major low after peaking in 2032 - this could be a variation of what we saw happen in 1929, which would then lead to another 51.6 year wave with government falling into favor as the savior once again.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next