By John Bonnycastle, James Ryan
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Extra info for An introduction to mensuration and practical geometry
As the book promotion began in the winter of 1982 things looked very bleak. Most of the folks who interviewed me were shocked by my optimism, by my predictions of good times to come, and by my panning of the pessimists. The most notable experiences were on the Merv Grifﬁn show, an interview by Dan Dorfman, and a never-to-be-forgotten radio talk show in Detroit. The talk show was supposed to last 30 minutes. It began with a brief introduction, my expression of extreme optimism that good times would come and rather quickly.
1A Dow Jones Industrial Average Decennial Pattern 1970–1999 Source: Moore Research Center, Inc. 1B Dow Jones Industrial Average Decennial Pattern 1900–1999 Source: Moore Research Center, Inc. understanding of major cyclical moves and help you build conﬁdence on your own so you can take action when the time is right. SO EASY A KID CAN DO IT This four-year phenomenon is so simple that even a kid can do it! We simply add four years to the October buy point in 1986, and our imaginary 14-year-old kid can expect to call for a market low in the fall of 1990.
And there it was: Going back in time from 1962 there had been an important market low four years earlier, in 1958! That got me excited, so I next looked back four more years to 1954 and there it was—the start of another bull market. By now my heart was pumping. Had I found something here? What happened in 1950? It was back to the charts and back to the start of another bull market. I was impressed! But it didn’t make sense to me that we would have market lows with such repetitive accuracy. What’s more, why didn’t they teach me this stuff in college or why hadn’t I read about it in a book?