Traveling Across a Great Country

Traveling Across a Great Country

Good Morning:

  • We finally arrived in Upstate New York after driving from California this past week.
  • I accompanied my wife, who is here to help care for her ailing and widowed mother. We want to prepare for my mother-in-law to return home to Greece in a month or so. Depending on the conditions, we may head over there for a few months.
  • We worry about our home there and my mother-in-law, with all the craziness in Europe. With America’s leadership vacuum, every old conflict in the world is boiling up to the surface, including the longstanding conflict between Turkey and Greece. Turkey looks to be aligning with Russia and the BRICS nations – even though they are also a member of NATO.
  • As many of you know, my wife lost her father to the vaccine, just as I lost my mother to it last May. Their generation trusted the government – no matter how much we protested them getting the jab.
  • So you can imagine how we reacted to this clip from the CEO of Pfizer recorded from a closed-door meeting at the World Economic Forum yesterday. The CEO, Albert Bourla (also Greek), openly discussed the WEF goal from 2019 to cut the world population in half by 2023.
  • What would be a good analogy? The CEO of one of the largest pharmaceutical companies in the world is working on the WEF’s project to cut the world population in half. Maybe it is like putting the manufacturer of RoundUp (Glyphosate) in charge of organic vegetables and perhaps finding out that they own all the cancer centers and hospitals. If it weren’t true – nobody would believe it!
  • Pfizer and the WEF fell short of the 2023 goal. That is, unless the Vax kills slowly over time, which many experts argue. These are disgusting excuses for humans.
  • But it also reminds me of the opposite archetype – the good people of America who are slowly waking up to the coup. 
  • We were driving through Painesville, Ohio (no pun intended). All of a sudden, the right rear tire started going flat.
  • We searched for a tire store and pulled off to Conrad’s Tire, about 3 miles off the Interstate. We encountered kind of a gruff, no-nonsense salesperson. Picture the type of guy who looks perpetually angry. Likely something negative had happened to him at one time, but he had probably worked at Conrad’s forever. I am sure he dutifully came to work every morning – come hell or high water. He was bottom-line busy but said he would work us in  – likely an hour.
  • I had already seen the nail right in the flex zone of the passenger rear side radial tire. I had grown up in the tire business (among the many companies my father had ventured into), so I knew the prospects for the tire were dim.
  • And not to disappoint me, the initial prognosis was dire. And you don’t just replace one tire but two when radials are involved.
  • Whenever something goes wrong in our life, our inside joke is – there goes another $1,000. This would be no exception; when you have two different tires from different manufacturers on the front or back, one tire can stop faster than the other when you apply the brakes. So they come in pairs.
  • But there was an old-timer in the back who pulled the tire apart. He said he could fix it, and I believed him. He knew his tires.
  • And so, the old-timer repaired the tire, tested it thoroughly for a few hours, and brought the car around to send us on our way.
  • Mind you; we are driving an expensive Mercedes SUV with Wyoming license plates. It cost about the same as my parents’ house. Anything could happen now, right?
  • So the gruff salesman brought out the bill. Four hours had transpired after they pulled the tire, repaired it, and tested it to ensure it would hold.
  • The salesman then showed us the bill with the charges crossed out. There was no charge. I offered to tip the guys who worked on the car, but they wouldn’t have it. It was their gift to a couple of weary travelers. 
  • That, my friends, is the United States of America. Never lose hope. Everyone we have encountered across this great country over the last week has woken up. They understand the coup; they are just unsure how to fight it – especially given the rampant cheating in elections.
  • And that brings us back to the markets. Cycles have “M” shapes. As such, we should see a bump higher on the nominal 40-day cycle before we dive into the nominal 20-week, 18-month cycle low.
  • Because of the longer length of the 18-month cycle – the low has a wide birth between early February and early March. We will hone in on the low as it develops.
  • David Hickson, one of the foremost experts on Hurst Cycles, lays out the arguments in the Video below:
  • Support today lies at 3860, then 3810. Look for resistance at 3930 and 3965.
  • As to the Gann Master Cycles, both the 60 and 20-year cycles call for a dip into February/March too. The 60-year cycle, considered more important than the 20-year, calls for a higher low than October. But the 20-year (think 2003), calls for a new low.
  • None of these cycles give us the exact low. We have other ways to determine that. But they do give us the zone and some structure to work with. We don’t run around blind to the prospects, nor do we have to react to the crap and manipulation from Wall Street.
  • To be sure, the market is still overvalued from traditional fundamentals (measures that have not worked since the 1970s). And we are still in the nosebleed seats.
100-Years of the Dow Jones Industrial Average
100-Years of the Dow Jones Industrial Average
  • But the deficit and defense spending, and War in general, may prop the market up awhile longer. Still, the next 18-month cycle low coincides with the deep and dastardly 54-month cycle, perhaps delaying the fireworks until 2024.
  • This reminds me that today is the two-year anniversary of the Orwell Regime stealing office.
  • I could never have believed that our country’s government could deteriorate so much so fast – when there was no good reason for it other than the cycles of time – the Fourth Turning.
  • Here is a recent update on the Fourth Turning from the surviving co-author – Neil Howe.
  • When I am in Greece and look at the ruins of one of history’s first democracies, I am reminded that governments come and go, but the people remain. But there is no excuse for the innocents who suffer along the way. More than 150,000 Ukrainian and 60,000 Russian troops have been lost, not to count the many civilians.
  • At least we knew what we were fighting for and against in World War II. My prayers are with all who suffer in this inexplicable war.

A.F. Thornton

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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