I had to correct an error in a chart.
Anyway here we are. Maybe a prescient week. The permawrongs vs the permabulls. Makes for good viewing hits on SI. Always sumptin going on on SI eh? It is what makes a market.
Some astro related anecdotals follow.
There used to be an active site, bradleysiderograph.com; I think the owner's name was Don no less. Site no longer active, but Don left us with his work, and in sights. I used to visit this site regularly.
Here are Don's comments on the Bradley as well as the Longterms:
The equation for the Bradley Siderograph indicator is calculated as follows:
[ (5) X (Long Term Sums Value + Declination Value Sums) ] + (Middle Term Value Sums)
The factor of five in the formula provides a greater weight to (1) the planetary aspects considered to be “Long Terms” and (2) declinations. The Middle Terms represent planetary aspects that are important but that receive less weight than the Long Terms.
However, note that in his book, “Stock Market Prediction,” Donald Bradley offered some flexibility in the choice of the appropriate weight to use for the Long Terms. He wrote that the Long Terms “may be given considerably more weight by multiplying it 3, 4, or 5 times, depending upon choice after experimentation.” For this site I used a multiplier of 5 for the Long Terms.
Long Terms, Middle Terms, and Short Terms
There are a total of 36 planetary aspects taken into account in the siderograph and of these:
Long Term Aspects — 10 of of the 36 aspects are considered Long Term. These are generally aspects between the farther-out slower moving planets (e.g., Jupiter, Saturn, etc.), so Bradley thought they should receive a greater weight.Middle Term Aspects — 26 of the 36 aspects are considered Middle Term. These aspects include the Sun and the faster moving planets from Mercury through Mars.Short Term Aspects — 0 of the 36 aspects are considered Short Term. Bradley classified aspects with the moon as Short Term, which he believed believed had an effect for only a period of hours. Therefore, Short Term aspects are not incorporated in the Bradley Siderograph because they are not anticipated to have an effect the overall market behavior over the medium to long term).
Don also left those who chose, to use his computations for the next upteem years.
Here is the chart of the Bradley, the Longterms, with the rate of change for each.
The Bradley topped and changed direction on May 17th. The Dow hit a local high about then, then shortly there after a local low. Today the Dow is below that local high. The rate of change in the Bradley is currently at a local minima, about to pick up speed.
The next big turn in the Bradley is near end of year.
The Longterms changed direction almost exactly at the end of August. The rate of change is slow, the longterms do not oscillate with rapidity like the Bradley. Refer to formula.
Now to the Dow and correlations.
The Dow hit a local high about coincident with the Bradley turn. Not too long after a local minima. The current ATH is ~ coincident with the Longterms turn, and as well with the end of the 53 day cycle.
Currently the Dow is below each of those reference values.
So here we are asto wise, Tweets still has a 13 ? on his chart. I think we know this week the result, if not this week not long after. The ? should resolve.
The bulls seem fearless, the Vix looks to be coiling, but the Vix is a deceitful Devil if here ever was one!
Tweets |
