Some time ago a Reader emailed me with some Questions about how I learned to muck about with Charts and I have reproduced much of it here and added a lot to it. Apologies to that Reader if I did not ask your Permission to do this but I have been very careful to remove any references that might give away your Identity and you seem like a reasonable Chap so I am sure you will be happy that I share this around. And I am confident you will appreciate the improvements I have made to that original text !!
If you have not already read Parts 1 and 2 of this Blog Series (or if your Goldfish Brain needs to swim around the Bowl again……) then you can read them at these links:
We often hear about ‘Dopamine’ but chances are we don’t really appreciate the mechanism around this inside our Brains. The TV Programme went into this and explained about how when we have an enjoyable experience and get excitement and pleasure, we get a hit of the chemical Dopamine as a natural response. I think the Dopamine gives the pleasure and makes us feel happy and it is the Brain’s way developed over eons by evolution to encourage Human’s to behave in certain ways and to follow certain pre-programmed behaviours. Obviously it is in the interest of the Human Species for individual Humans to want to have babies so the Dopamine is provided when we do activities which lead to this outcome !! (calm down you lot).
Some months back I met up for lunch with Kerry Balenthiran (@17_6YrStockCyc on Tweets) because by a strange quirk he happens to work in Windsor where I live. Over Pie and Chips and Ale we got to discuss his book about a regular 17.6 year Cycle in Stocks which he has shown repeats itself over and over. Part of me has some scepticism with regards to this kind of VooDoo stuff (maybe it should be called the Balenthiran Black Magic Cycle) but over the years and having learnt more and more about stuff like Technical Analysis, Economics and Psychology, I am actually quite ready to explore such claims and see how it all stacks up.
I have been poised to read Kerry’s book for many months but with all the usual demands of life on me (like Sleeping in the morning, elongated Coffee Breaks, trips to the PUB, watching Countdown - you know the sort of hectic schedule a Retired Bloke has…..oh, and writing stuff for the WD Website…) I had not got around to reading it until just a few days ago and I have finally got on with it. When I first picked up the Book I thought “oooh, this is a bit slim” but as I have got into it I realise that it is not the Quantity of pages etc. that counts but the Quality and the messages held within this Book are potentially of very high value - as I will no doubt explain as we go along.
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