XJO 0.74% 8,208.9 s&p/asx 200

very nasty stuff coming up, page-18

  1. 17,444 Posts.
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    Gann45

    20 years ago, I used to do composite cycles and gave it away just in time to miss the '87 crash date.

    After, I looked back to see I had all my cycles bottom on the crash date.

    So, yes I see some value, but hardly original.

    I love cycles, but the difficulties are that some are more significant than others and some just quit while others begin. So, weighting becomes a factor too. I believe in cycles but in hindsight, I am not sure they improve on simpler momentum ideas. That won't stop me tracking those I feel are significant.

    Yes, harmonics are an area I am willing to explore and will.

    I am going to spend more time on the included subjects.

    It seems to me that few get the big turns correctly. A year early and you miss out on the biggest part of an up move. 6 months late on a bottom and what a miss.

    I need precision, because my name doesn't start with J.P. or end with Rockerfell....

    The big boys just need a rough idea, to turn zillions into quillions.

    My opinion of cycles is that simultaneous lows of multiple cycles are much more important than the trend of various cycles.

    I am still a beginner in the study of markets, but in my third life......



 
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