Using my Trend Tracking Indicators as a guide to determine market direction, any suggestion that deals with the word “prediction” is usually something I don’t pay much attention to.
Maybe I should—at least once in a while.
After the market meltdown on February 27, 2007, reader Ted kindly forwarded the name of a web site to me featuring Martin Armstrong’s Business cycle theories. Reading about his wave theories is not for the faint of heart, and you need to have considerable patience (or is it understanding) of what’s being discussed.
You can read the entire article at:
In the meantime, I think I’ll stick to using my Trend Tracking Indexes to stay on the right side of the market.