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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Tuesday 23 October 2012

Jeff Cooper

http://www.minyanville.com/mvpremium/2012/10/23/all-the-kings-horses-and/


" Speaking of cycles, we’ve mentioned the 100-year cycle often going into what we believed was a big turning point for late August-September with a culminating 100 year top on October 5.

From an October 5 pivot high, the market has started down with vigor.

¼ that 100 year cycle is 1987. ½ the 100 year cycle is the Cuban Missile Crisis.

¾ of the cycle is 1937, which was the high prior to the second leg down of the Great Depression bear market.

Approximately 100 years ago Teddy Roosevelt was shot as he was running for president.

Approximately 50 years before that, Lincoln was assassinated.

Approximately 50 years after that, Kennedy was shot.

So I would not give short shrift to the resolution of the possible force and furry of cycles exerting their downside influence. Since early October, we have been seeing evidence of this cyclic influence."

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