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.
Sunday, January 30, 2011
Is NTFX a short candidate 1-31
It appears not quite yet. By mid-February it should make a top. Out of the money puts may be a better way to play the top (if it occurs as expected). One to watch for a bear move. Here is the chart: