Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Wednesday, October 20, 2010
Most common cycle in US stocks top in November
The 3.39 year (40.68 month) cycle is also the dominant cycle in the US stock market and commonly called the 40 month cycle and is, according to Edward Dewey, a famous cyclic analyst, the most commonly reported cycle of all.