k...
variation in cycles is a key element
of how things repeat but not exactly to the letter
whether it be pattern or time wise...
change is always present, like
we have always 4 seasons but they can vary
in length and intensity (long hot summer etc)
so in market/business cycles the principle is
the same.
"each cyclic component varies from the ideal in that
magnitude varies slowly as time passes. As magnitude
increases , duration also increases. As magnitude
decreases, duration also decreases..." J M HURST
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Shanthar Pathmanathan, MD
Shanthar Pathmanathan
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