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Message: Markets today

Re: Markets today

posted on Mar 24, 2008 02:14PM

I don't use Elliot wave (It's difficult to predict wave formations as they are inclined to alter as time goes on according to fibonacci principles; I have my own means of interpreting wave developments, and try to keep it as simple as possible. Based on my own 200 years gold chart, its become apparent that the gold bull is spread over 20 years, so while there are some very high projections around, the time frame is a lot longer than most anticipate, likeways extended time generally creates a different interpretation of waves. I don't suppose gold is going to go straight up for 20 years.

Financial waves analysis is based on theory that was developed in the Princeton economic institute, while I'm not sure that all the arguments presented on the www.astrocycle.net site stack up, this site does at least offer an economic (as well as astro) cycle basis for projections. It's well worth a look.

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