“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

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Friday, 17 May 2013

17 May 2013

Ending the Week on a high note, and the next coming days and week will be important dates to watch for cycle analysts.  There are a bunch of clusters and the first will start on this weekend (tomorrow).  I don't know if it is fitting that we are making new all time highs close to these forecasted dates.  But one has to wonder in awe how damn accurate these dates are.  If not the top, then for its sentiments at the least.  Everyone is so bullish and technical charts are providing all the divergence needed to warn people of a on coming event, and yet no one listens.  As the previous ARTICLE says and what Gann believed was "Time is the most important factor".

Mid-Term: UP
Short-Term: Down

CLOSING PRICE: 1666.12 (What a significant number indeed)

"What we as bloggers and far-seers have been trying to do is to change the aggregate, which cannot be done. The aggregate WILL change, but it can only change in its own schedule. We can continue to tell the truth, but after decades of status quo, we should not expect our words to change the world, our nation, or to some extent even our community. The only thing we can realistically change is ourselves with our own actions, and that is where all real change comes from, one person: one action at a time. 6 billion tiny events, tiny tipping points, changing minds who realize themselves one by one."

by Eric A.: "Because it's time."

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