- Joined
- May 13, 2015
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could greece be the trigger?
http://www.futuresmag.com/2015/06/24/we-asked-traders-about-future-equities?page=5
I expect the market to have an important correction in the next 12 months. In fact, a 7-year cycle is coming due within 3 months. Out of the last twelve 7-year cycles 9 of them have had corrections, 6 of the 12 very serious corrections. So that means we have a 75% probability of the 7-year cycle holding based on data back to the Great Depression. In her remarks Janet Yellen told us the economy hit a 'soft patch' earlier this year.
There is no such thing as a soft patch. Its a term used by economists to project the last 12 months on the next 12 months. The last time a high profile person like Yellen used this term was 2011 a handful of months before the debt ceiling debacle, MF Global scandal and the Euro disaster.

http://www.futuresmag.com/2015/06/24/we-asked-traders-about-future-equities?page=5
I expect the market to have an important correction in the next 12 months. In fact, a 7-year cycle is coming due within 3 months. Out of the last twelve 7-year cycles 9 of them have had corrections, 6 of the 12 very serious corrections. So that means we have a 75% probability of the 7-year cycle holding based on data back to the Great Depression. In her remarks Janet Yellen told us the economy hit a 'soft patch' earlier this year.
There is no such thing as a soft patch. Its a term used by economists to project the last 12 months on the next 12 months. The last time a high profile person like Yellen used this term was 2011 a handful of months before the debt ceiling debacle, MF Global scandal and the Euro disaster.