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The formal analysis
shows:
1) This is spectrogram for Dow from 1929
till now (X-cycles period, Y- cycles activity):
2) This spectrogram show the most active
cycles are (I use some additional criteria to pick up these
cycles):
41month - Kitchen
cycle
5 years cycle
9.3 years Juglar
cycle
3) Three possible projection lines
based on these cycles (so called committee):
4) Thought some forecast based on longest
price history from 1789 year show this (2 years of
recession):
Sergey.
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