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Generational Inflection Point – WSE Pro

In early May, the Dow began to exceed the top of its super cycle channel projection. If this does not reverse immediately, it would suggest that the Dow could be headed into the 15-17,000 range over the next year or two, and then beyond. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both analytical and sales capacities. Prior to starting the Wall Street Examiner I worked as a commercial real estate appraiser in Florida for 15 years. I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. My perspective is not of the Ivory Tower. It is from having my boots on the ground and in the trenches of the industries that I analyze and write about today. 

  1 comment for “Generational Inflection Point – WSE Pro

  1. Winston Munn
    May 6, 2007 at 4:11 pm

    Interesting this piece coincided with an experiment I tried earlier today to use a very basic Fibonacci/Elliot Wave theory to the Dow, seeing if any of the 38.2%, 50%, and 61.8% Fibonacci values had occured during the moves.

    Based on two conditions caused by the range-bound trading that lasted approximately two years from 2004 to the end of 2005, I used two bull market conditions: one beginning from the mid-eighties low and another beginning from the consolidation breakout at the end of 2005.

    The oddity is both showed comaparable figures. While the long term bull showed a retracement of the first wave of 45.9%, a second longer upleg with a 49.8% retracment compared to the move, and a last upleg of 47.1% compared to the second upleg. The shorter term showed a retracement of the first wave of 65.5%, a second upleg with a 36% relationship to the first upleg, and a last upleg so far with a 35.5% relationship to the second upleg.

    The long term final upleg would hit the Fibonacci number of 50% at 14,030 while the final short term final upleg would hit the Fibonacci number of 38.2% at 13399.

    Somewhat odd that these values are so in keeping with yours.

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