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.
Tuesday, March 8, 2011
It appears that AMZN has/is bottoming after a substantial pullback. It may see some upside for the next three weeks and then set a longer term bottom around Apr 11.