about | this week | chronicles | journal | archives
elliott wave analysis | GATA

Dow hits 6,000 - Happy on the way up, sad on the way down.
Happy Chinese New Year:
2004 Predictions


HSINCHU, TAIWAN | SEATTLE, USA - 22 January 2004
The Chinese Lunar New Year is the longest chronological record in history, dating from 2600BC. Like the Western calendar, The Chinese lunar calendar is a yearly one, but the start of the new year is based on the cycles of the moon. Due to this cyclical dating, the beginning of the year can fall anywhere between late January and the middle of February. This year it falls on January 22nd. A complete cycle takes 60 years and is made up of five cycles of 12 years each. Each month of the lunar year is called a synodic month, and is the period between successive new moons (29.531 days).

The Chinese Lunar Calendar names each of the twelve years after an animal. Legend has it that the Lord Buddha summoned all the animals to come to him before he departed from earth. Only twelve came to bid him farewell and as a reward he named a year after each one in the order they arrived. The Chinese believe the animal ruling the year in which a person is born has a profound influence on personality, saying: "This is the animal that hides in your heart." The upcoming year is the year of the monkey.

This year, I find myself in the Republic of China (ROC) aka Taiwan. In celebration of the local customs, Rich Lancaster and I have withheld our annual predictions until now, and hereby present to you our Chinese New Year Predictions:
Lancaster: The Lull Before the Storm

Nystrom: Unsustainable Illusions
Other links of interest:
Predictions 2003
2003 Recap
News Links & Recent Articles:
This Week
Sources & other interesting reading material:
Bibliography


  2nd Depression, second depression, Books, Depression2.tv - Michael Nystrom Editor, Baha'i Seattle Baha'i Faith, Richard Lancaster