k...variation in cycles is a key elementof how things repeat but...

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