Thank's Cigar. Having looked a little at general economic 'cycles' it is difficult to assess when a top or a bottom will occur. Economic 'cycles' can vary in duration/frequency i.e. they are not regular. Also, maybe we are currently on a downtrend around which prices move, so it is still possible to make money. I've drawn a picture showing this. I'll check-out the site URL you provide. Anything that may help us make wise investment or trading decisions is worth evaluating.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Cigar:
[b]Most shares move in a cycles, from minutes to years. If you are a day trader, you might be interested in 20 minute cycles, or longer term trading, perhaps weekly cycles. Typically most shares have lows (in price) about every 20 days (short term trading), give or take a little. Obviously, if you can locate these bottoms, they are good buying points.
Also, these 'trading cycles' (the trading cycle is the cycle you are interested in, ie weeks or minutes) are part of a bigger cycle. (called the primary cycle). If the primary cycle is trending upwards, it infers the smaller trading cycle is also going to trade upwards. Therefore, a safer buy.
Have a look at [url="http://www.walterbressert.com"]www.walterbressert.com[/url] and [url="http://www.murphymorris.com/trend_of_trend.html"]www.murphymorris.com/trend_of_trend.html[/url]
I'm only a learner but it looks interesting and obvious.