please is anyone there who can explain me better the first rogerdodger's chart??
It is Tom McClellan's chart.
I believe it is an overlay of past 40 year cycles.
It basically shows 20 years of rally from 1942 to 1962 then 20 years of little movement until 1982.
From 1982 until 2002 there was a nice rally which closely matches 1942 to 1962 on a percentage basis, he then deduces that a similar pattern will follow from 2002 to 2022.
Laundry's observation is that every other cycle is deep.
That is, there is an 80 year cycle overlaying the 40 year cycle.
Time will tell.
Ciao!
Edited by Rogerdodger, 18 January 2010 - 09:51 PM.