Thursday , 21 November 2024

Charles Nenner: Dow to Peak in 2012 and Then Decline to 5,000! (+2K Views)

Charles Nenner has been accurately predicting movements in the liquid markets for more than 25 years, and his most recent cycle analysis predicts that the current stock market rally is going to last through Q2 and then begin a major descent in 2013 – with the Dow eventually reaching 5,000! Read on to learn how Nenner’s unique system works and what he forecasts for commodities, currencies, bonds, interest rates and more. Words: 400

So conveys Jonathan Weiss (www.charlesnenner.com) in edited excerpts from an exclusive article written for posting on www.munKNEE.com which Lorimer Wilson, has edited further below for length and clarity – see Editor’s Note at the bottom of the page. (This paragraph must be included in any article re-posting to avoid copyright infringement.)

Weiss goes on to say, in part:

Nenner applies several proprietary algorithms based on daily, weekly, monthly, quarterly and yearly closing prices to determine cycles which provide direction and then utilizes another algorithm to predict price. The cycle analysis allows for looks into the past to clearly define repeating patterns in any given asset class. These patterns forecast what is coming, based on the idea that there is no free choice – that history does repeat itself.

By studying past reactions and interpretations in the form of prices Nenner can, in effect, forecast the future reaction to events. His system does not explain why something is going to happen, simply the levels and timing of movements in the global macro areas of stocks, bonds, commodities, and currencies, as well as cycles governing economic indicators. When timing, price and direction do all line up Nenner suggests positions, along with what he considers to be the best entry and exit points.

Nenner’s most recent analysis also forecasts:

  • a concurrent bull market in grains and grain stocks,
  • a long term rally in gold and silver bullion,
  • a US dollar rally against the euro and yen over the long term,
  • a rise in interest rates then and
  • a fall in bond prices from the second half of 2012 until 2040 and
  • an increase in wars starting at the end of 2012 and into 2013.
Editor’s Note: The above article has been has edited ([ ]), abridged, and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.

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