Seeking Alpha

David Knox Barker

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  • U.S. Federal Reserve Delivers 50% Higher Stock Market 'Pavlovian Premium' [View article]
    Correct, such a theory of market cycles being guided by Fib ratios in time appears simply too fantastic. In fact, I didn't believe it for years. Your initial "gibberish" response was far more gracious than my own. Then I studied the market cycle theories of PQ Wall more closely. For kicks, I made the assumption that he was correct, that cycles are fields of human action. That gave me a framework to study his claims for evidence. Ask any successful trader if their is a 20-week cycle, then do the analysis yourself using 141.9 days as the "ideal" cycle length. Apply Fib ratios in time, just as presented in chart in this article in indexes and large caps. You will be shocked to discover that market cycles are in fact "fields" of human action. Everything that occurs in space and time is part of field, including your observations and actions or lack of action. Your candid disbelief is simply another part of the field. That global market bottom in early June in price, time and sentiment is just another round of the growing evidence that market cycles are fields of human action in price, time and sentiment. Thanks for your honest input.
    Jul 18 09:18 AM | Likes Like |Link to Comment
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