Market always move in Cycle
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There are numerous versions of views and ideas developed by various market pundits and investors on market cycles, including Robert Precher’s Elliot Wave Theory, Harry Dent’s long wave theories and Ray Dalio’s debt cycle theories.
The cycles could be as long as
“ Kondratiev waves” ( 45-60 years ) or shorter as “ Kitchin cycle “ ( 3-5 years ).
These cycles are closely tied with large-scale economic business cycles and have an important impact on investment, financial, cash flow and personal retirement planning.
Concept Explained : Business / Economic Cycles by Wikipedia & Investopedia
Business cycle
The
business cycle or
economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. The length of a business cycle is the period of time containing a single boom and contraction in sequence.
These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions ......
Haha….that’s reality.
Even the gurus resort to training, talks and seminars for survival. The reasons spouted of charity, sharing and even aestheticism are greatly suspect. They are no better than their attendees who paid thousands of dollars for their pseudo wisdom. Many went from courses to courses of different gurus seeking a magic answer to beat the market. Their level of success is no different from the clueless who do not attend anything; the hawkers, housewives, retirees and the illiterates. Sure these attendees are much more knowledgeable but no better. They are expert wind-chasers.
Ecclesiastes 1:18, For with great wisdom comes great frustration, whoever increases his knowledge merely increases his heartache.