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THE SPIRAL CALENDAR
AND ITS EFFECT ON
FINANCIAL MARKETS AND HUMAN EVENTS
WRITTEN & ILLUSTRATED
BY
CHRISTOPHER CAROLAN
NEW CLASSICS LIBRARY
The Spiral Calendar
and its Effect on Financial Markets and Human Events
© 1992 by Christopher L. Carolan.
All rights reserved.
No part of this book may be used or reproduced in any manner whatsoever without written
permission except in the case of brief quotations embodied in critical articles or reviews.
Violators will be prosecuted to the fullest extent of the law.
Design, layout, dustjacket artwork, Figures 3-6 and 3-9 photography
and all illustrations except Figure 3-7
by Christopher Carolan.
Printed in the United States of America by Braun-Brumfield, Inc.
First Edition: October 1992
Second Printing: February 1993
Third Printing: September 1995
For information address the publishers:
New Classics Library
Post Office Box 1618
Gainesville Georgia 30503
U.S.A.
ISBN 0-932750-21-4
Spiral Calendar™ is a trademark of Calendar Research, Inc.
2
for Madeleine
ACKNOWLEDGMENTS
The exchange of ideas with fellow technical analysts is a vital resource to anyone
attempting to break new ground. Special thanks go to Bob Prechter who has had
unlimited patience in the roles of advisor, editor and publisher. Those whose assistance
has been invaluable include Dave Allman, Pete DeSario, Hank Pruden and Dan
Steinberg.
I gratefully appreciate the understanding and patience of my family. I didn't grasp
the effect of this project on them until my then three year old daughter's school class was
asked what their parents did. "My daddy
lives
in the basement," was her reply.
All charts with pre 20th century prices are constructed from data provided by
The
Foundation for the Study of Cycles,
Irvine California. The intra-day bond chart on page
94 is courtesy of
Tudor Investment Co.
Figure 3-7 is from
Scientific American,
March
1969. The chart for London stocks in Figure 10-5 is courtesy of
Yelton Fiscal, Inc.
3
TABLE OF CONTENTS
FOREWORD
6
PART I FOUNDATION
CHAPTER 1
A DETECTIVE STORY
12
THE QUESTION/12
THE SIMILARITIES /13
ON CALENDARS/ 15
WHY 1987?/18
CHAPTER 2
LUNA
20
MOON, SUN AND EARTH / 20
SUN AND EARTH / 23
GRAVITY/23
MOON AND MAN / 24
THE MOON AND OTHER LIFE / 25
SUMMARY/26
CHAPTER 3
FIBONACCI &
27
THE OTHER LEONARDO / 27
PROPERTIES OF
F
n
1
28
THE RATIOS OF / 30
THE GEOMETRY OF / 31
FIBONACCI AND IN NATURE / 32
IN THE ANCIENT WORLD / 33
AND THE SPIRAL CALENDAR / 36
PART II MARKETS IN TIME
CHAPTER 4
SPIRAL CALENDAR REVEALED
41
717 MOONS: PANIC TO PANIC / 41
PRECISION / 42
GOLDEN SECTIONS / 42
How BIG?/45
MAGNITUDE/47
SPIRALS IN TIME/47
THE Focus/53
HARMONY/58
FORWARD vs. BACKWARD / 60
APPROXIMATION / 62
SUMMARY/63
4
CHAPTER 5
THE CAUSE OF PANICS AND CRASHES
64
AUTUMN FALLS / 64
ANALOGIES / 66
UNKIND MAY/71
PANIC SIGNATURES / 73
CHAPTER 6
FORECASTING METHODS
76
TOOLS/77
THE METHOD/77
CRITERIA/79
SENTIMENT & THE WAVE PRINCIPLE / 82
TRADING TECHNIQUES / 83
THE EXAMPLES / 85
CHAPTER 7
NIKKEI: A FORECASTING TUTORIAL
1ll
PART III PAST, FUTURE & BEYOND
CHAPTERS
SPIRAL CALENDAR PAST
125
THE SPIRAL CALENDAR IN THE ANCIENT WORLD? /125
YOM KIPPUR/125
CALENDARS AND HOLIDAYS /126
THE MESOPOTAMIANS /127
THE BIBLICAL CONNECTION /129
STONEHENGE/131
CHAPTER 9
BEYOND MARKETS
133
THE COLLAPSE OF COMMUNISM/ 133
THE HOSTAGES/137
CHAPTER 10
FUTURE FORECASTS
139
OCTOBER 1995 /140
27 JULY 1998 / 141
1 OCTOBER 2004 /142
26 JUNE 2023/145
1 DECEMBER 2032/146
CHAPTER 11
Is THE FUTURE PAST?
148
FIBONACCI, TIME AND LIFE /148
WHY?/151
INDIVIDUAL BEHAVIOR PRODUCES GROUP ORDER /151
APPENDICES
154
BIBLIOGRAPHY
158
5
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