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HUMAN HUMAN HUMAN HUMAN PROGRESS PROGRESS PROGRESS PROGRESS From the Ice Age From the Ice Age From the Ice Age From the Ice Age to the Space Age to the Space Age to the Space Age to the Space Age by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute by Glenn Neely, Pres. Elliott Wave Institute ...and Beyond! ...and Beyond! ...and Beyond! ...and Beyond!
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
PART 1 - Synopsis
• Limited Data
• Dependence on History andArcheology
• Human NEED
• History, study of Extremes
• Maslow applied to the Masses
• Conclusion - History providesclues on NEED level
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
PART 2 - Researchand Application
Chart 18
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
EstablishingStandards andProcedures
• Isolation
• Research Approach
• Research Zone
Civilization Began andInitially Proliferated theFastest in this Region
Chart 19
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
EstablishingStandards andProcedures (cont.)
• Analysis Procedures
• Progress Builds Past
Civilization Began andInitially Proliferated theFastest in this Region
Chart 19
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Externalizing NEED
• Physiological = InternalCompulsion to Survive =Survival Instinct Survival Instinct
• Wars, Invasions, Panics
• Famines, Pestilence
• Crashes, Depressions,Recessions
Chart 20
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Externalizing NEED(cont.)
• Safety = External NEED toProtect Oneself and SecurePhysical Survival =Establish Security Establish Security
• Antagonism
• Building ofShelters/Barriers
• Protection of Assets
Chart 20
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Externalizing NEED(cont.)
• Love or Belongingness =Emotional Craving to feeluseful, NEEDed, accepted andloved = Work forWork forAcceptance Acceptance
• Increasing LivingStandards
• Material Abundance
• Social interaction,Cooperation andOrganization
Chart 20
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Externalizing NEED(cont.)
• Esteem or Status = Aspirationfor power, position, controland influence = AttainAttainPower, Position orPower, Position orInfluence Influence
• Creation of the Arts
• Literature
• Kingdoms, Empires,Royalty
Chart 20
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Externalizing NEED(cont.)
• Self-Actualization =Intellectual curiosity for theunknown, Achievement ofgreat and complexundertakings = Desire toDesire toUnderstand, Achieve,Understand, Achieve,Invent, Discover Invent, Discover
• Discoveries in Scienceand Mathematics
• Thirst for Knowledge
• Excess, Manias, Bubbles
Chart 20
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
World HistoryResearch and DataCollection
• Global Information obtainedfrom numerousEncyclopedia’s back to 10,000BC
• Wheeler’s War Index (back to600 BC)
• Mass Excitability Index (backto 400 BC)
• Graphing Time Spans ofWorld’s Major Civilizations
• Recording WorldwideCataclysm’s
Chart 21
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
World HistoryResearch and DataCollection (cont.)
• Mass Migrations
• Population Growth and Decayfrom 8000 BC
• Stock Market data back to1690’s
• Real Estate Booms, Busts
Chart 21
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Quantifying History
• Studied Historical Eventsfrom Human NeedPerspective
• Numerical Value Assigned to“Human Need”
• End of Ice Age - 1
• 9000 BC - 2
• 8300 BC - 3
• 7300 BC - 2
• 6200 BC - 3
• 3500 BC - 4
• 2600 BC - 5
Chart 22
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Quantifying History(cont.)
• 1600 BC - 1
• 500 BC - 5
• 1000 AD - 1
• 1500 AD - 5
• 1700 AD - 2
• 1800 AD - 5
• 1900 AD - 2
• Overall Impact per Century
Chart 22
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
0
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HistoricalGrowth/DecayPattern
JerichoWorld’s firstwalled town.AgriculturalRevolution
Begins
Fall of Jericho:No evidence ofany organized
society
Catal Hayak
Fall ofCatalHayak
SumerianCivilization
Begins
EgyptianCivilization
BeginsAssyrianEmpire
Due to AgriculturalRevolution,
Population Growthbegins to accelerate
Age ofPyramids
Invasionsand Wars
GreekCivilization
WarsUpheavelsDivisionSocialUnrest
DarkAges
Renaissance
RevolutionaryWars
WorldWars
Age ofInvention
RomanEmpire
Chart 23
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Incorporate WaveTheory
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EpochEpochSuperCycleSuperCycleCommencesCommences
GrandSuperCycle
Wave 1
GrandSuperCycle
Wave 2
GrandSuperCycle
Wave 3
SuperCycle
Wave 1
GrandSuperCycle
Wave 4
Chart 24
Elliott Wave Institute • 1278 Glenneyre • Laguna Beach, CA • 92651 • (714) 497-0949
Implications for theFUTURE
AC
DB
C
(I) B
X ac
b1
x
A
2
3?
The Dow should exceed100,000 by the year 2060
E(II)
United Nations estimates worldpopulation will stop growing as
soon as 2040 at 8.8 Billion OR aslate as 2130 at 14.2 Billion
Chart 29