From a novice: I am very happy to have found your work which I an now reading.
Super cycle ! Well ...At 682 on the S&P I guess the super cycle is confirmed. A couple of questions if I may:
Is the supercycle a P/E Valuation cycle?
How does a $INDU P/E low in 1975 vs $SPX P/E low 1981 interact?
Looking at the S&P the Valuation cycle is aprox 30 years,in this chart www.crestmontresearch.... P/E trough to peak looks like 1981 to 2000 . If this is a 30 year cycle and the peak is leaning fordward by five years , we should see a bottom 2011 aprox? The reason I ask is this article which places the middle of the cycle at the P/E peek and sees a bottom 2015 aprox www.bmonesbittburns.co...
Super Cycle Critical Point [View article]
Super Cycle Critical Point [View article]
I am very happy to have found your work which I an now reading.
Super cycle !
Well ...At 682 on the S&P I guess the super cycle is confirmed.
A couple of questions if I may:
Is the supercycle a P/E Valuation cycle?
How does a $INDU P/E low in 1975 vs $SPX P/E low 1981 interact?
Looking at the S&P the Valuation cycle is aprox 30 years,in this chart
www.crestmontresearch....
P/E trough to peak looks like 1981 to 2000 . If this is a 30 year cycle and the peak is leaning fordward by five years , we should see a bottom 2011 aprox? The reason I ask is this article which places the middle of the cycle at the P/E peek and sees a bottom 2015 aprox
www.bmonesbittburns.co...
Will Gold signial something value wise?
stockcharts.com/h-sc/u...=$SPX&p=M&st=1...
Your Level 2 is also an important fib level 61.8 using 1980 as the base:
stockcharts.com/h-sc/u...=$SPX&p=M&st=1...
Thanks so much
John Francis