Sunday, December 9, 2018

CYCLES AND TRANSITIONS

Gosh, it’s been nearly a year and a half since I’ve written a post for Elliott Wave Technology!  

Just as markets do, I too have gone through a cyclical transition of sorts. 

Although I am still very much on top of keeping abreast of the Long-Term Trend Monitor for my long-standing loyal subscribers – I have mostly retired at this juncture and as such, have also retired the balance of my previous offerings.

I will soon provide the regular quarterly update for the Long-Term Monitor later this month. 

We have had a good bull run with the buy signal issued back in April of 2016. Though well off from peak equity, which is fully expected during imminent cyclical transitions, our long position remains profitable by more than 25% as of the December 7 close.  The recent market downturn is getting close to turning our model bearish; however, the signal has not yet been quantified.  

As such, unless the market turns higher and doesn’t look back, we will most assuredly give up some additional open profits when the sell signal finally comes through.

So, you may be wondering what I’m doing now that I’ve retired? Well, for the past two years I’ve revisited my interest and passion for playing music!

Though quite rewarding, fun, and enjoyable, spending too much time in my studio interacting and collaborating with artists from all across the world, this otherwise pleasurable endeavor fell way short of providing me with a suitable level of physical activity.

Upon turning 59 this past September, (yes, I retired early) all of the inactivity began to catch up with me.  My health suddenly began to wane, and with it, my general outlook on life turned quite dark and dismal. It took several months for me to recognize and admit this to myself, but thank goodness, I eventually came around in doing so. The following is how I’ve addressed my situation.


A Transitional Cycle of Revisiting Early Passions Begins


Caught between a rock and a hard place, I had to decide my way forward. It was either keep doing what I was doing – slowly but surely spiraling further and further into the abyss I had created for myself – or – I had to implement a few radical lifestyle changes in order to revive my former vibrancy.

Prior to my intense interest in financial markets and music, one of my earliest passions was health and fitness – bodybuilding in particular.  With my past knowledge of resistance training, diet, nutrition and the like – this is what I turned to. Following a brief phase of anger, I set forth a program and embarked upon a journey of revival.

It’s quite true when they say that the human body is rather amazing and resilient.  Physiologically, our bodies are quite the willing participants in quickly reaping the benefits of what it’s fed, and how one uses it.  The far larger challenge is a psychological one often imposed on the body by the mind of its host!  
Once I mastered the logic of this rather simple concept, I literally changed my body and more importantly my life inside of 30-days! It’s going on 3-months now and I haven’t felt this good in decades! 

So, to further occupy my free time, have some creative fun, create a public sense of accountability for myself, and most importantly – to inspire others, I’ve just finished setting up a blog and YouTube channel to document my journey.  Here is the trailer for the new channel entitled, OAG-tv.


Believe me; I’m way too old to harbor any grand delusions of becoming an overnight YouTube sensation. This endeavor is meant to be fun, keep me focused, entertained, occupied, publically accountable, and on task. If I can inspire just one other person the same way that my friend, Ed Cook inspired me; well, that would simply be icing on the cake and make it all worthwhile. Ed’s stunning transformation is featured at the 4:00-minute mark.

If anyone would like to follow me on this journey, they can do so by subscribing to my newly birthed YouTube Channel at OAG-tv, and by following my blog at OAG-tv.

In the meantime, look out for the quarterly December Long-Term Monitor update later this month. In addition, rest assured that you could count on me to stay on top of the timing model for issuing email alerts as soon as signals are quantified.

Thank you for your support and interest, and for taking the time to read about my transitional journey.  In closing, I’d like to wish everyone and their families a safe, happy, healthy, and prosperous Holiday Season!


Until next time,

-Joe