Re: [RT] cycle question

[Ben <profitok@xxxxxxxxxxxxx>]

Hello Bob

 

llok, today is 55 days from last top

go back 10 years,

this 55 days picks  change in trend  better than 80% of the time

 

plus or minus 3 days

p,s

 

it works on soybeans too

Ben

----- Original Message -----

From: Bob Fulks

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, June 20, 2008 1:03 PM

Subject: Re: [RT] cycle question

At 12:51 PM 6/20/2008, Jim White wrote:

>Static cycles with fixed period are an illusion.

I agree completely. The market has "swings" (also know as "waves") with a varying number of bars between bottoms/tops.

Calling them "cycles" implies that they have a constant period, which they do not.

If your trading method is assuming a constant period, you will be disappointed.

Bob Fulks

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