The Stock Market Shemitah CycleStock-Markets / Stock Markets 2015 Sep 02, 2015 - 06:50 AM GMT
Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened during Shemitah. The bond market was massacred in 1994. The 9/11 terror attacks happened in 2001 and the global economic crisis occurred in 2008.
The Shemitah Year is the seventh year of the seven-year agricultural cycle mandated by the Torah for the Land of Israel and is still observed in contemporary Judaism. It falls very close to a simple 7yr cycle between highs seen in the chart below.
This year, the Shemitah ends on Sunday September13 - very close to the Hybrid Lindsay forecast for a high on September 11.
Try a "sneak-peek" at Lindsay research (and more) at Seattle Technical Advisors.
Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent trader, consultant, and Chartered Market Technician (CMT) based in Seattle. Carlson manages the website Seattle Technical Advisors.com, where he publishes daily and weekly commentary. He spent twenty years as a stockbroker and holds an M.B.A. from Wichita State University.
© 2015 Copyright Ed Carlson - All Rights Reserved
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