Another Perspective on the 74-76-82 Moves

The ’74 -'76 -’82 moves, from a different perspective, generate the major low on April 4, 1994.

Please remember that Figure 15, page 27, in the Log Spiral article, Stocks & Commodities, illustrated how the 497 day move (’74 up to ’76) and the 859 day move (‘74 low to ’78 low) generated a continuous 3 term proportion, the third term being the 1484 day move down from the ’76 top to the ’82 low. Now we will use 497 and 1484 as the first 2 terms of another 3 term continuous proportion, which is the same as merely squaring the ratio between 859 and 497.

The concept of spherical market time is noted throughout the explanations of Ermanometry’s methodologies. Spheres imply circular or eliptical parameters. We’ll start out with "circles", but first another little review of your very basic high school geometry..you do remember it don’t you?

The theorem of Thales tells us that any angle inscribed in a semicircle must be a right angle. Similar right triangles are a very simple and efficient tool for graphically portraying continuous proportions. Remember, the rectangular spiral consisted of a series of similar right triangles. Now we are going to assume that the 497 and 1484 day moves are represented as axes segments from the rectangular spiral, meeting at point X, and generate the next term in a continuous 3 term proportion, and since 497 is to 1484 as 1484 is to 4431, the third term is 4431. See below:


Next we’ll draw the lines AB and BC, and we have the large right triangle ABC, with 2 similar right triangles inside, ABX and BXC. See below:

Let’s consider A&B&C points on the circumference of a circle. See below:

Line segment AC is obviously the diameter of the circle. The diameter is the sum of AX and XC, 497 plus 4431, for a total of 4928.

On the chart accompanying this example text please note that the exact number of days from the ’74 low (starting point for the 497 day move) to the major low of 04/04/94 is 4928 days.