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Cycles are a wonderful thing but I have found an interesting problem with
them. Lets say that you think you have a cycle that is 16 days long, but 8
days is another possible cycle if your cycle is 16 days because 8 is half of
16, and 4 days is a possible half cycle of 8, and 2 of 4 and 1 of 2.
Some cycle programs suggest that the cycle is constantly changing. To that I
say, what cycle?
The system may suggest that a recent number of days is cyclical such as in
Dennis's example, but 6 months from now what will it say?
Prosper
----- Original Message -----
From: "DH" <catapult@xxxxxxxxxxxxxxxxxx>
To: "Realtraders" <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, May 24, 2001 2:23 PM
Subject: [RT] Best S&P cycles
> I like and use cycles in my S&P trading. I don't have time for worrying
> about why they happen or trying to predict them based on obscure
> external events. I prefer to measure them directly, realtime, in the
> price data. Here's some food for thought in the pic. The actual cycle
> period is slightly longer, up to a day, than the charted period, due to
> the detection method - a mechanical trading system I cooked up for the
> test. A good tradeable cycle should give a good total profit and also a
> good profit/trade. The pic shows why I'm not particularly interested in
> the moon cycle.
>
> Those with an aversion to statistics, and scientific methods in general,
> please delete this and consult your horoscope or call Miss Cleo. :-)
>
> --
> Dennis
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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