Dow Jones Industrial Average headed to 14,000 by February 25th, 2007

I am going to post a chart here which should give you a rock solid dose of long term thinking. Ponder for a moment your long term opinion on the market.. do you have one? Bearish, Bullish or in between? It goes without saying that a fairly confident long term forecast can help so many of your trading decisions between now and the end point of your forecast…

But a long term forecast is extremely difficult to gauge with accuracy for the same reason that a long term forecast of weather patterns is just as difficult… However, I do believe that the market is easier to forecast on a long term basis than the weather .

The chart at the below link is one I made of the Dow Jones Industrial Average.

CHART

Note that the Dow Jones Industrial Average has been up until TODAY in a sideways basing pattern with 2 FULL YEARS of CAUSE. We also have a large symmetrical triangle pattern that is nearing the apex.

The inset chart is the 8.6 global business cycle model. This cycle model has over time made some STUNNING forecasts. Notably, many of these stunning forecasts were in existence decades before they even happened!

Note in the chart the 1998.55 peak forecast… which you probably remember as being the beginning of the asian currency crisis. That peak, July 20th, 1998 was an astounding forecast. It was perhaps one of the most famous and precise forecasts of the 8.6 year cycle model. The next most famous one was the precise forecast of the 1987 peak and crash.

The chart I have drawn shows the the cycle model also accurately predicted the major low of the bear market in 2002.85.

The next major peak is forecast to be 2007.15 or February 25th, 2007. Simple trendline analysis predicts about 14,000 target on the Dow Jones Industrial Average by this date.

Mark this date on your calendar! February 25th, 2007 !

An extraordinary run is coming that will take the Dow to new all time highs!

Peace.

Thomas