thanks for great update Peter. Question: Larry Williams a few days ago put out a video on stock market charts and gives reasons he believes the market seems to be very bullish and going much higher. I only watched half of the video. Here is my thing with Larry: He is great and definitely called the Covid low as correct but you did as well once the projections came in. However, back in 2008 I actually got his report and in Sept of 2008 he gave a "very bullish" outlook for the stock market right before the CRASH! He also put out a trading system in 2014 which I bought using NinjaTrader which was LONG ONLY for Crude Oil in July of 2014 right before the CRASH in Crude Oil. I am wondering if Larry's gift is he can see only Bull Markets as his legacy seems to only call the upside. Yet he cannot call the downside accurately I remember attending a seminar with Jake Bernstein the 2nd week of March 2020 and he basically said according to his system don't worry. In other words his for-sight didn't say get out of the market before the market crashed.
Yet he was bragging about being Long in April of 2020 yet he totally missed exiting or telling his students to exit I of course existed Friday of week 1 in March of 2020 Then I found you Peter and your charts showed to exit in 2020 March AND also showed downside projections AND you're software showed to be LONG in mid April 2020 You saw BOTH sides and a much more simple way of looking at the market compared with Larry Williams who uses endless indicators This is why I put you way above those guys for sure!

However, I know you have respect for them as I also have respect for those guys as well. However, they are NOT as good as you are by a long shot. Your software IS how the markets actually work which is why I am a lifetime customer of your work.

What are your opinions of Larry's view of the bullish stance as of this week? He didn't really say how bullish he is as I only watched half of the video.
Plus Peter your voice is too great of a voice to speed up, lol. You should do commercials! In-fact I think you did say you did that stuff in an interview with Tim Woods Cycle Man? That is how I found you.

I used to follow him a lot but his stuff is so long and complicated. Your stuff is easy to see and understand which is why I like it. It is very useful.

Thanks Peter! I agree with Spencer, your voice is too soothing to speed up! Who would want to rush through your informative interesting videos?!

thanks Peter for good updates every, super useful. I would like to know if you have the opportunity to see long-term developments in prices for the transport of oil, prices on the tank market, as I think there may be exciting developments in this area in the coming years

spencerdavis2000 said:

thanks for great update Peter. Question: Larry Williams a few days ago put out a video on stock market charts and gives reasons he believes the market seems to be very bullish and going much higher. I only watched half of the video. Here is my thing with Larry: He is great and definitely called the Covid low as correct but you did as well once the projections came in. However, back in 2008 I actually got his report and in Sept of 2008 he gave a "very bullish" outlook for the stock market right before the CRASH! He also put out a trading system in 2014 which I bought using NinjaTrader which was LONG ONLY for Crude Oil in July of 2014 right before the CRASH in Crude Oil. I am wondering if Larry's gift is he can see only Bull Markets as his legacy seems to only call the upside. Yet he cannot call the downside accurately I remember attending a seminar with Jake Bernstein the 2nd week of March 2020 and he basically said according to his system don't worry. In other words his for-sight didn't say get out of the market before the market crashed.
Yet he was bragging about being Long in April of 2020 yet he totally missed exiting or telling his students to exit I of course existed Friday of week 1 in March of 2020 Then I found you Peter and your charts showed to exit in 2020 March AND also showed downside projections AND you're software showed to be LONG in mid April 2020 You saw BOTH sides and a much more simple way of looking at the market compared with Larry Williams who uses endless indicators This is why I put you way above those guys for sure!

However, I know you have respect for them as I also have respect for those guys as well. However, they are NOT as good as you are by a long shot. Your software IS how the markets actually work which is why I am a lifetime customer of your work.

What are your opinions of Larry's view of the bullish stance as of this week? He didn't really say how bullish he is as I only watched half of the video.
Plus Peter your voice is too great of a voice to speed up, lol. You should do commercials! In-fact I think you did say you did that stuff in an interview with Tim Woods Cycle Man? That is how I found you.

I used to follow him a lot but his stuff is so long and complicated. Your stuff is easy to see and understand which is why I like it. It is very useful.

I like Larry and have great respect for his work. But as you know, my feeling is we are just beginning a long, painful bear market. Is it possible to go to new highs from here? I am very dubious about that but, again, as you know, I try hard not to let my feelings get in the way of price projections. If the market can stay up at these levels or higher going into October, then it would be possible to get projections to new highs. If that occurs, I'll go with the projections, of course. I do not think that will occur!!>jesper.ag2048 said:

thanks Peter for good updates every, super useful. I would like to know if you have the opportunity to see long-term developments in prices for the transport of oil, prices on the tank market, as I think there may be exciting developments in this area in the coming years

I do not do industry analysis so I have no opinions on the subject. We can follow oil in the markets and get clues as to the fundamentals but I have no opinions on the fundamentals myself.

Agree with spencerdavis2000! Larry Williams' approach is not as intuitive. He provides great insights and how to view and use some existing data (FRED, FED) but his "cycles" and their vagueness in terms of where, when, and how much are not as useful as he seems to think. SMC leads the way!