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.
Thursday, April 14, 2011
Revisiting the GOOG 04-14-2011
Looks like that there is a bottom by end of the week or early next week (could be related to earnings report?). This is a short term bottom followed by a top by the second week of May.