Foretelling Financial Markets-This Actually Works!
A friend of mine is a "bean counter"; a financial consultant. About 35 years ago, he got his hands on the following graph which foretells market trends. When he first saw it he thought it was a load of crap, but he kept it. At that time, the chart was good to year 1985, but he extrapolated to the year 2053.
To date, the chart has never been wrong. Before he was a believer, he personally sold his house in 1985. If he had sold 5 years earlier or 4 years later, he would have hit the peak. Now he watches this chart and makes decisions based on it.
Look at the year 2012. This is a year to BUY. The one codicil I would place here is this. We are in extraordinary times in the markets. I would be inclined to add a year or two to that number.
The buying year is 2014 and the selling year is 2017.
Human nature being being what it is, the chart repeats
itself over and over and over again. Within a year or two, it never fails.
Coincidentally, the other day I stumbled upon another post generated by Leslie Ebersole, which seems to bear out this theory. The link to that one is below. It's kind of scary really how everything meshes up.
Specializing in Mission & Abbotsford, British Columbia
Ph: 604-826-3746 Email: missionrealtor1@shaw.ca
Join my group:
VOICE OF REASON
Comments(0)