Quote from GrandSupercycle:
Readers at my blog have asked why the markets have been chopping sideways for so long and what this implies. It's due to long term cycles consolidating at their peak before they eventually head downwards. During this long term consolidation smaller time frames such as daily trends can fluctuate in direction resulting in volatile chop. When the long term cycles head south and we get clearer market consensus, smaller time frames like daily and weekly charts will trend better.
Quote from newwurldmn:
So close to having an intelligent post. If you showed what is happening and why this matters (empirically or otherwise) this would be very insightful.
Quote from Nine_Ender:
What I see is after 17 months of being wrong almost all the time, he's upped the ante by issueing even more provocative claims of market crashes. You might have liked his fall 2010 crash ( markets rose ), or his 2011 crash ( markets flat ), but the 2012 crash is super de duper massive huge free money etc etc.
Smells of desperation to me. The whole Grand_Stuper_Cycle charade has exhausted the patience of even his most loyal followers. If he ever had any. Oh wait, did I say that ? Wouldn't want to deflate his fantasy.