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Combine Elliott wave analysis with stock market cycle data, and in short order you'll have a

market forecast that you can use.


Let's take a look at cycles, in general.
You'd be amazed by how many subjects appear to operate in cycles. From new membership rates
of the Presbyterian Church to the population of Illinois chinch bugs, from heart disease in the
northeastern U.S. to grasshopper plagues, from cheese consumption to wheat acres harvested.
Then there's brain waves, marriage rates, Atlantic salmon populations, aluminum production,
even international wars...
...And yes, stock market cycles.
All these examples of cycles are in the book, Cycles: The Mysterious Forces Which Trigger
Events by Edward R. Dewey and Og Mandino. Here's a quote from that book:
"The science of cycles: deals with events that recur with reasonable regularity. Such events may
be in nature, business, or anything else. The important thing about regularity is that it implies
predictability.
"Many cycles in nature seem to have the same wavelength as cycles in human affairs..."
EWI president Robert Prechter has served on the board of the Foundation for the Study of
Cycles, which Dewey founded in 1942. Early in his career as an analyst (1982), Prechter
addressed the Market Technicians Association:
"Even though my main market tool is the Elliott Wave Principle, I follow a good number of other
technical methods. One that is particularly useful is cyclic analysis...It is a rare market that does
not exhibit clear cyclic tendencies."
Fast forward to April, 2010. Prechter is reviewing how far stock prices have "corrected upward"
following the 2007-2009 market drop. After prices exceeded a 50% retracement (a juncture he
was watching) he took a thorough look at stock market time cycles. He made a revealing
discovery -- which he described in that month's issue of the Elliott Wave Theorist.
"Thus, we have quite a narrow expected time zone for the final bear market bottom, in both
nominal and constant-dollar terms. . .We can be fairly confident about this time target."
Prechter's analysis uncovered at least three market time cycles which support his Elliott wave
forecast, specifically the "time target" for a "final bear market bottom."
When a forecaster combines these time cycles with his Elliott wave count, it paints a very
convincing future market picture virtually before your eyes.
Prechter's May issue of the Theorist further elaborates on cycles and the wave count. He details
the parallel between the recent "upward correction," and the correction in 1929-1930 -- right

before the bottom fell out. Click here now for the April/May Elliott Wave Theorist while there's
still time to act on Prechter's powerful combination of cycle and wave analysis.

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