The petrodollar is dead

Geometric Thinking Update By Jim Fredrickson   The Petrodollar looks to be dead This is not the time/place for a dissertation on the origin or significance of the petrodollar.  Suffice to say, the arrangement was for USA to provide military protection to the dictators in Saudi Arabia in return for the Saudis selling oil only […]

Lunacy has gone viral

Geometric Thinking Update By Jim Fredrickson   “The only thing we have to fear is…  everything, apparently” –FDR It shocks me to my core to witness the entire planet shrinking in fear of catching a cold.  To avoid possibly getting ill, contracting an illness that presents life threatening possibilities only to those who have weakened […]

Are all taxes equal?

Geometric Thinking Update By Jim Fredrickson Are all taxes equal? In a word, no. There is a vast difference between corporate income taxes and personal income taxes.  There is both a moral and philosophical argument in favor of corporate taxation, and none whatsoever for personal. Corporate Tax Corporations are a government fiction. An artificial person […]

Square of 12

Geometric Thinking Update By Jim Fredrickson The above might be one of the more outrageous forecasts WD Gann made.  that he made such forecasts publicly, and was so often right, amazed people of his age and continues to amaze people more than 100 years later. The obvious question that traders have been trying to figure […]

Pricetime in the 4th dimension

Geometric Thinking Update By Jim Fredrickson Aug 2015 low is important By my count the Nov 2013 high of 1200 began a wave 4 that reached a 175 low in Aug 2015.  28 months later wave 5 peaked at 19900. Wave counts are not the point here in this post, I only mention it to […]

EW lesson I learned (the hard way)

Geometric Thinking Update By Jim Fredrickson These were the 2 bearish 5 wave structures I counted. Elementary Elliott Wave says that impulse waves have a 5 wave structure.  We all know that.  So, when I counted 5 waves down from 9031 on BTC I thought that the top was in.  I was a bit surprised […]

9254 target?

Geometric Thinking Update By Jim Fredrickson SAME DAY UPDATE:  While I was writing this piece, the chart fell just shy of the 78.6 resistance the blog mentions as a potential turn.  It is too soon to tell if that was the end, or not.  But suffice to say, it could be… The picture above, showing […]

Have we been deceived?

Geometric Thinking Update By Jim Fredrickson I posted an update to the last blog, in which I acknowledged that my faith in my wave count had been sorely tested by the rally, which flew in the face of the selling I had forecasted. But at the risk of sounding like a vain old man who […]

Wave 4 ending in a diagonal?

Geometric Thinking Update By Jim Fredrickson Jan 7 Update:  Apparently this forecast was quite mistaken.  The NY traders came to their desks well-rested yesterday and decided to buy, not sell, as I had imagined. There was talk that the impending war, which is almost certainly going to begin soon (and end very badly probably), would […]

Bitcoin is the red pill of freedom

Geometric Thinking Update By Jim Fredrickson This article was originally published March 7, 2017. It is a long read which requires a bit of focus to follow. However, I believe it is time well-spent to grasp the various points, and how they fit together. What is a “dollar”? One of the best-kept secrets of modern […]

FBI Director Corney??

Geometric Thinking Update By Jim Fredrickson Is his name Comey or Corney? This blog is a bit different from my usual, but I was made aware of something this morning which is beyond frightening.  I found it hard to believe, but I actually got the original document which you can download from government servers here, […]

Repo-madness

Geometric Thinking Update By Jim Fredrickson This chart, or one like it, has been seen countless times by anyone that takes even a cursory look at the business section of any newspaper or website.  It does not take an economist to realize that this ends only one way.  Badly. Less understood is the talk since […]

Trade Soybeans now

Geometric Thinking Update By Jim Fredrickson I realize that most of my readers trade crypto and little else.  But I want to urge you to re-consider this rather myopic view of trading. I agree that it is a good idea to specialize in just a small handful of markets. Far better to know a few […]

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