Importance of “The Franchise”

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So the Political applications:

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Here’s how the Elliott Wave looks…Waves with letters are corrective while numbers are impulsive.

Impulsive waves are the general direction of the market while corrective waves are pull backs or rallies depending on whether you’re looking at a bull or bear market…

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There we several large market drops from 1906-1921 similar to the 1987 to 2009 period

 

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You can line up the 2009 market low with the 1921 market low to perhaps get some insight:

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On the dream front:

May 15 dream sketch (left) and map of Tianjin blast location:

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The All-Purpose Market Decline Column
How HFT Has Killed Market Basics