Mr. Kress believes that for a more practical contemporary evaluation, the 6-year secondary direction cycle is more effective. He writes, "The 6-year peaked in early May at the height of our 'debt crisis,' a continuing indication of the systemic problems. Historically, the peak of the second 6-year is higher than the peak of the 12-year. However, May's 6-year [price] peak is significantly below the 12-year cycle's peak." He adds that the declining Mega Cycle of 120 years is clearly taking its toll.
http://www.safehaven.com/article/22624/crisis-high-2011-and-the-next-credit-crash
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