Benner Cycle Explained

Benner Cycle is a chart depicting market cycles between the years 1924 to 2059. The chart was originally published by Ohioan farmer Samuel Benner in his 1884 book, "Benner's Prophecies of Ups and Downs in Prices".^{[1] [2]}

The chart marks three phases of market cycles:^[3]

A. Panic Years - "Years in which panic have occurred and will occur again."

B. Good Times - "Years of Good Times. High prices and the time to sell Stocks and values of all kinds."

C. "Years of Hard Times, Low Prices, and a good time to buy Stocks, 'Corner Lots', Goods, etc. and hold till the 'Boom' reaches the years of good times; then unload."

Notes and References

1. Book: Benner . Samuel . Benner's Prophecies of Future Ups and Downs in Prices: What Years to Make Money on Pig-Iron, Hogs, Corn, and Provisions (1884) . 29 June 2008 . Kessinger Publishing . 143678736X .
2. Book: Fibonacci Analysis . Constance Brown . 2010 . 9780470883242 . 101 . Wiley.
3. Web site: Protonotarios . Giorgos . The Cyclicality of Financial Markets and Benner’s Cycle . TradingCenter.