This discussion turned
into a discussion of fixed period
"waves" based on a
non-analytic method.
I prefer an analytic
method for examining periods of
waves and use the Maximum
Entropy method to measure
However, I take a simple
approach for fixed wave projections
and use a trading model
based on fixed Cosine waves and
trade at inflection
points which are optimized for lead/lag of
the fixed wave over a
very long period of time.
The attached pictures
indicate that MESA analysis says that
there are 82 month, 108
month, and 262 month LONG
period waves in the DJIA
from 1921 to now.
The results of each model
and the composite model are
shown in the attached
pictures.