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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Les H who wrote (69021)	2/18/2001 4:53:49 PM
From: yard_man	Read Replies (1) of 436258

There are obviously a lot of flavors to the theories of those who believe in cycles -- you ascribe significance to the repetition on specific dates?, i.e. annual cycles -- why should periods necessarily occur in calendar multiples? Or are you mixing in a little bit statistical liklihood? Either way you are at least weighting some repetition on calendar multiples, no? Cycles in buying and selling make sense to me, but I still question whether they have any predictive value that can be profited from ... it seems to me that the mathematical ideas of fractals, self-similarity, etc might be more useful in looking at the markets ...

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