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Re: [RT] cycle question



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spx
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49-59 days
Ben
----- Original Message -----
From: Bob Fulks
Sent: Friday, June 20, 2008 1:40 PM
Subject: Re: [RT] cycle question

In what symbol?

Using daily bars?

Bob Fulks

At 01:35 PM 6/20/2008, you wrote:

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@yahoogroups.com
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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