April 13-14 2010: Iceland Eyjafjallajokull volcano erupts again, and its volcanic ash goes over Europe over the next few days and grounds airplanes at airports across Northern Europe. There is a concern that a larger volcano Katla near it could erupt soon. Iceland has more than 100 volcanoes, many could erupt soon. This could be a beginning to major volcano eruptions in Iceland and elsewhere that could cool off the earth, ground air traffic, cause no summer and severe winters. And note that April 14 a bright meteor was seen over Wisconsin.
Could this volcano and recent earthquakes be related to the CERN LHC particle accelerator experiments in France - either because a Black Hole has already been created by the CERN LHC and is eating earth's core, and could cause increasing earthquakes and volcanoes around the world, leading up to December 2012 Doomsday, or because the CERN LHC experiments may directly affect earth's core and cause quakes and volcanoes. Note that 70,000 years ago the Toba supervolcano erupted in Indonesia and nearly caused the extinction of mankind then. Volcanos can be a major problem for man's survival on earth.
In the just published issue of The Elliott Wave Theorist, Robert Prechter suggests that a culmination of important stock market cycles has pinpointed the next 10 days as the most likely beginning of his now on-the-surface somewhat discredited yet still simmering beneath in the whelm of the possible, macro wave count of transition from a Wave Two counter-trend bull market to a stunning and devastating Wave Three bear market lasting for about the next five years.
Prechter's Latest: The Most Important Cycle of the Past Three Decades
Prechter also uses detailed charts and text to spell out a never-before-discussed seven year cycle: he says it amounts to "the most important cycle duration" of the past three decadesSo what does all of this have to do with Sunday, April 18, 2010?
It is a day void of real time market volatility and it's effects on our own, personal market psychology and attitudes. An opportunity to sit back and reflect upon where the market has brought us this past year and where it might be taking us going forward and what if anything can be done about it.
I have stopped trying to anticipate market turns, it is not a high probability game. In its place, I have adopted a trend following paradigm and have crafted (read: lifted, tweaked and improved, from a magazine article) a strategy for its implementation that has been working well since its inception, January 2, 2010.
If the worst case scenario were to unfold, it will do so with my trends on board and account asset values will surely follow, notwithstanding wave counts, volcanoes or French black holes.
Qué Será Será.
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