Forecasting the Financial Meltdown
By Wong Y T
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About this ebook
The book starts with Prediction Charts one year before the Financial Meltdown of 2008. These Charts capture the steep declines of the Meltdown (many months before they happen). The declines are explained with meticulous care such that all readers can understand the logics. Exact timing is the forte of the Analytical approach. Significant rebounds during the collapse are predictable. Termination of the Crisis can be foreseen as well. An Appendix provides Analysis Tools to researchers who want to explore the subject further. Whether you agree or not, there is only one (repeat only one) reliable Analytical Method to predict economic upheavals with precise timing, and this is it.
Wong Y T
I am a retired accountant in Hong Kong. I have spent more than 40 years studying market trends for Gold and Dow Jones Industrial Averages (proxy for US economy) using planetary patterns for correlations. I believe that gold and the stock market are active processors of planetary influences.In the first 30 years, I applied geocentric planetary aspects in my research work but there always seemed to be something missing.The breakthrough came in 2010 when I hit upon several ideas: (1) Jupiter Trojans must be incorporated into the analyses, (2) Bird’s eye views and Heliocentric views of the Solar System should be used (in addition to Geocentric views), (3) Asteroid Ceres is a bearish object, and (4) Curvature of Space must be taken into consideration. As the Solar System is 3-dimentional, latitudes (declination) of the planets were added. The missing pieces of the jigsaw fell into proper places.The new paradigm can unravel the mysteries of the vicissitudes of U.S. economy. Booms and Busts are predictable by applying the theory. It is no hyperbole to claim this significant advancement in research as an earth-shattering event. It revolutionizes future ways to interpret economic development. In particular, the discoveries fill the void in the subject of Economics by adding a Prediction Module, elevating it to a True Science.One can now forecast major market trends with precision!
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Book preview
Forecasting the Financial Meltdown - Wong Y T
FORECASTING THE FINANCIAL MELTDOWN
Copyright 2014 Wong Y T
Published by Wong Y T at Smashwords
Blog: http://www.ytwong-4cast.blogspot.hk
Smashwords Edition License Notes
This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your enjoyment only, then please return to your favorite retailer and purchase your own copy. Thank you for respecting the hard work of this author.
***~~~***
Also by Wong Y T, published at Smashwords:
Forecasting Economic Crises
Forecasting the Great Depression
***~~~***
TABLE OF CONTENTS
Section 01: Introduction
Section 02: Prediction Charts
Section 03: Basic astronomy
Section 04: Initial slide
Section 05: Calmness before Storm
Section 06: The Meltdown
Section 07: Rebound One
Section 08: Rebound Two
Section 09: Carnage
Section 10: Termination of Crisis
Appendix A – Analysis tools
Appendix B – Supplementary aspects
Appendix C – Glossary
Notes to Readers
This ebook was first published in Sep 2014. Section 05 (Calmness before Storm) was revised in Jan 2015.
The revised Section furnishes more details to explain the rebound of 7.1/2% in 4 weeks in the middle of the Financial Meltdown of 2008.
SECTION 01: INTRODUCTION
The Financial Meltdown of 2008 has ravaged the global financial markets with unprecedented ferocity. It exposes in full the short-comings of conventional economic models, leaving dumbstruck economists scratching their heads in disbelief.
Hundreds of books have been written about the Crisis but none (until now) offers a plausible explanation.
This book tells you that the magnitude and the exact timing of the Financial Meltdown are predictable. The theory expounded can be applied to forecasting future crises.
We start with a Solar Chart dated 9 Oct 2007 when investors are exuberant and DJIA reaches a peak of 14,164. At this point (or earlier) we can see clearly an economic crisis of the first order is looming, and the severest part of it is in 2008 Q4.
There are 3 sharp declines:
Sharp Decline One
Stocks fall from 14,164 (9 Oct 2007) to 11,917 (22 Jan 2008), losing 16% in 3.1/2 months.
Sharp Decline Two
Stocks fall from 13,028 (19 May 2008) to 10,962 (15 July 2008), losing 16% in 8 weeks.
Sharp Decline Three
Stocks fall from 11,782 (11 Aug 2008) to 7,552 (20 Nov 2008), losing 36% in 3 months and 9 days.
The 3 declining phases are captured by the