The Bradley graphs are confirming my analysis that a retest of the lows and even new lows are due mid 2010
Why to expect a disinflationary wave 4 in the 2nd half of 2010? In August 2010 the
Bradley siderograph drops to the lowest level since 1931. The Bradley model assigns
positive values to harmonic angles (60°, 120°) and negative values to tension angles
(90°, 180°), then the sum is calculated. The Bradley low of the past 500 years (start
of modern history) was in the 1640s, at the end of the 30-year War (1618-48) and
shortly after the first speculation bubble in history had burst (1637 Tulip mania in
Amsterdam). Below the siderograph, plotted from the 19th century with the “Market
Trader” by Alphee Lavoie, shows:
1. The most important low in 1931 was set in the middle of the biggest
depression in history 1929-33.
2. The 2 nd lowest value in 1875 was in the middle of the crisis of the 1870s that
began with the crash („Gründerzeitkrach“) at the Vienna Stock Exchange in
May 1873. Afterwards the European bourses experienced the sharpest bear
market in the 19th century.
3. The 3 rd lowest Bradley index is August 2010 : isn’t it interesting that the two
historical models for the current crisis are 1931 and 1875? The reason for the
low value 2010: there are massive disharmonic angles (T-square, partly even
Grand Cross). This is the mathematical specification of the ‚cardinal climax’, a
term coined by my appreciated (always worth reading) Ray Merriman.
4. The 4 th lowest value in the chart in the early 1890s was not as spectacular, but
in the early 1890s we saw the biggest bear market in 20 years.
check out the chart in the link below referring to the above information (could not copy it)