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Most Helpful Customer Reviews
24 of 25 people found the following review helpful:
5.0 out of 5 stars
A door that opens many more doors.,
By A Customer
This review is from: The Spiral Calendar and Its Effect on Financial Markets and Human Events (Hardcover)
Bought this book in 1994 and have watched the predictions.Timing is more exact than direction. This accounts for the price reduction over recent years. Carolan's comparison of 1987 with 1929 is different, but every bit as amazing as John Murphy's Intermarket Worldwide Crash analysis of those two pivotal panic moments. Upon pondering Carolan's concepts, I developed a home-made projection indicator (via Metastock) which gave me chills as to how it could pinpoint turns in the US stock Idx. A key was to correct his table in the back (p155) "Natural Time Days" to weekly (Friday only) data. Using current data of Boolean logic where 1=HHV(H,5days) & -1=LLV(L,5days), and then subtracting a sum of the current "Even Spiral Days" from the current "Odd Spiral Days", Nodal turning points into the future of the data series could be isolated. Projections in different markets carried the same patterns. Major volatility breakouts could be isolated within 3 days. The quality of these patterns was consistent across various markets, but was unusual in that the "indicator" would "compress" to where the smallest turn would lead to the biggest market whop. Thats the poop for the technically inclined... I lost interest in pursuing this when eSignal locked my eyes on all that intraday streaming data. Upon examining Carolan's comparison of the 1929 & 1987 panics, I believe it impossible for thinking readers to ignore the stunning observations he makes. We like the ocean's tides are quantitatively moved by forces bigger than ourselves. This book is a classic I do not intend to sell. Would love to see others pursue research in this area.
26 of 32 people found the following review helpful:
5.0 out of 5 stars
eccentric and fascinating,
By A Customer
This review is from: The Spiral Calendar and Its Effect on Financial Markets and Human Events (Hardcover)
I found this book quite a delight. The author stumbled upon his theory while comparing two Stock market charts. I've written a computer program that incorporates the ideas here and it's been great fun to watch them correlate (or not) to the market. The book is one of those eccentric pieces of scholarship that demonstrates things you never would have guessed in a million years - my favorite kind of book. Thanks to the author.
6 of 6 people found the following review helpful:
5.0 out of 5 stars
A great beginning, but not yet complete,
By
Amazon Verified Purchase(What's this?)
This review is from: The Spiral Calendar and Its Effect on Financial Markets and Human Events (Hardcover)
Chris Carolan's Spiral Calendar brings to light the undeniable discovery that important market moves can be linked together in time using a more natural, and therefore more efficient time system based on Fibonacci and our own moon. By "more efficient" I mean "more efficient than man-made time units."This is one of those books where you will need to read it once over, put it away for a few days, then read it again in order to be able to fully grasp everything that is being said. It can get pretty complicated at some points, but Chris does his best to display the information and explain things in a way that makes the most sense. Yes, as a previous reviewer pointed out, some of the systems have not yet been perfected. You must understand that this is only the tip of the iceberg for a completely new way of looking at not only market behavior but the world around us. Chris lays the basic foundation for what I hope one day will be pursued as a real supplement to market forecasting, especially Elliott Wave (and if no one else does, I am, so it'll get done one way or another). In a way, this book may be the modern day equal to the R.N. Elliott's original writings back in the 30's; a great discovery but very much in its infancy. So this book is about as "complete" as you can get because it tells pretty much all that is currently known on the subject at this time.
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