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Re: Mechanical Trading Update-Response



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A cycle has a "predictable" frequency, but the amplitude can be variable.
Take a look at an EKG. Ira

Mervin Yeung wrote:

> Hi RTs,
>
> Can we call it a cycle IF it does not have a fix frequency and
> amplitude?
>
> Mervin
>
> gary bodnar wrote:
> >
> > Hi all
> > "A cardinal rule for the successful use of technical analysis requires
> > avoiding multicolinearity amid indicators. Multicolinearity is simply
> > the multiple counting of the same information. The use of four
> > different indicators all derived from the same series of closing
> > prices to confirm each other is a perfect example." stated by the
> > author from this site
> > I just feel that too many traders are using too many same indicators
> > using the same set of time series numbers to trade with and it
> > definitely not the way to start or build a trading system.
> > The truth be told, some of the best "indicator" comes from this
> > realtrader list especially when folks talk about the "market"..
> >
> > regards
> > gary
> > MRLYNNG@xxxxxxx wrote:
> >
> > > In a message dated 5/2/99 9:23:36 AM Pacific Daylight Time,
> > > ist@xxxxxx writes:
> > >
> > > << Hurst proved that the cycles vary and that there are cycles
> > > within cycles.