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, December 29, 2010
12-29 CREE cycle update
Cree did not achieve the expected downside. Appears we are getting cycles bottoming and may get an alignment of buy signals soon. Wait for the signals to make a move.