Wednesday, August 3, 2011
Wall (20 week) cycle - bottom today or in 2 weeks?
If you follow my posts and comments to those posts you know that Shadow7 thinks the 20 week cycle bottomed today, whereas I have it positioned to bottom in about 2 weeks. Now David Knox Barker is the authority on the Kitchin and Wall cycles IMO. So see what he thinks: http://www.safehaven.com/article/20555/tracking-the-wall-cycles-in-search-of-the-business-cycle-top-in-2011 (I believe this is his last article on the subject). Now I copied the second chart inverted colors to make it more readable and added a couple of notations in the bottom right corner. Here is Barker's chart with my notations: