Trade the Cycles

Monday, March 10, 2008

Silver's Two Cyclical Bear Markets In The Prior Secular Bull Market

See http://www.sharelynx.com/chartsfixed/SI1967.gif to see silver's 3.5 year Wave 2 Cyclical Bear Market from Spring 1968 until late 1971 and see http://www.sharelynx.com/chartsfixed/SI1970-80.gif to see both of silver's Cyclical Bear Markets (Waves 2 and 4 down) that occurred in the prior Secular Bull Market. In the mid 1970s silver had a Wave 4 Cyclical Bear Market that began in early 1974, in which it didn't break it's declining peaks pattern until 1978.

See this previous post at http://tradethecycles.blogspot.com/2008/03/very-long-term-gold-chart-shows-two.html to see gold's two Cyclical Bear Markets in the prior Secular Bull Market.

....... http://www.JoeFRocks.com/ .



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