This is ridiculous. It's something like my 4th post over the long Easter weekend. Anyway.
I read with great interest an article about Martin Armstrong's Economic Pi Cycle. I am always seeking an orderly framework to understand disorderly-looking markets, so this was terribly alluring to me in its simple elegance.
A cursory comparison of the key dates versus the S&P 500 yields mixed results. Some of the dates presented are uncanny (October 18, 1987; November 6, 2002; February 24, 2007, to name a few) whereas others seem to hold no meaning.
I was particularly drawn to understanding this since the latest "turning point" is this weekend! Supposedly this indicates a bottom or top in the market.
I'm a little disappointed the "hit rate" isn't better for these dates. I'd be interested in hearing thoughts from others.
