Years ago when I set out to
study huge growth patterns in markets — more commonly known as “bubbles”
— I discovered a remarkable timing signature common to every single one
of these patterns:
They all last exactly 64 or 65 months.All the “name-brand” market bubbles in history have lasted 64 or 65 months from initial growth to blow-off top.
This includes the 3 biggest bubbles in modern market history:
- the Dow into the 1929 peak
- the Nikkei into the 1989 peak
- the Nasdaq 100 into the 2000 peak
This also includes more recent bubbles, such as home-builders into 2005, and crude oil into 2007, and for a more recent example, the stock of Priceline (PCLN). (more)
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