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RT’s,
This is just my own observation. I have spent many months studying cycles
in the futures markets. I have looked at MESA, Fourier Transform, done my
own research etc. Also checked out Walter Bressert, Mr. Ruggerio, and
others. There does seem to be cyclical action in the markets; however, I
decided that anything as difficult to define as these cycles seem to be
could not be used for trading. Other concepts/tools like support and
resistance are more useful to me. So I have abandon cycles as a trading
tool. If someone else can use them great.
Best to you,
Brent
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> From: David Ickes <harmony01@xxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Cycles by Brad Cowen
> Date: Friday, January 02, 1998 1:49 AM
>
> I visited Brad Cowen's web site and found this statement:
>
> http://204.216.57.25/cycles/
>
>
> "The workbook-like questions and answers show that the results obtained
by
> applying these techniques have an accuracy that does not err by more than
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