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For those who are interested I wrote up a stock market forecast based upon George Lindsay's methods. Here it is.
GEORGE LINDSAY SPEAKS
January 2, 2003
The analytical methods of the late George Lindsay often offer unique insights into the probable course of the stock market averages in the U.S. The advent of this new year offers a particularly interesting juncture at which I believe they have something very important to say.
LINDSAY'S METHODS
Anyone with an interest in learning about George Lindsay's stock market methods would do well to obtain a copy of a booklet entitled "Selected Articles by the late George Lindsay". It is available for a modest price from Investor's Intelligence in New Rochelle, NY (Tel: 914 632 0422 ) (usinfo@xxxxxxxxxxxxxxxxxxxxxxxxx).
The methods used in the analysis below are those which Lindsay referred to as his long time intervals of 15 and 12 years and the method of basic advances and declines. Both of these are described in his article "Counts from the Middle Section" in the booklet cited above. Additional details on these methods can also be found in the article "Interpreting the Stock Market Day-by Day" in the same booklet.
I shall not have much to say about Lindsay's other two, long term forcasting techniques: the three peaks and domed house formation and the method of counts from the middle section. At the current time neither one has much to say about the current market situation, but both can be very valuable in the appropriate context.
THE 20 YEAR CYCLE
In my last conversation with Lindsay back in 1981 he told me that his forecasts were based 95% on his methods for counting time. But he also asserted that the other 5% came from checking the forecasts of his time-counting methods against the timing derived from long term astronomical cycles, principally the synodic periods of Jupiter- Saturn and Saturn- Uranus.
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