CYCLES
ISSUE
September/October, 1992
Special
extended interview with cycles experts John Ehlers,
Walter Bressert and Jake Bernstein. Cycles are an
intuitively obvious element of market price behavior.
Every trader at one time or another investigates cycle
analysis. While the markets do move up and down in
a more or less rhythmic fashion, the real issue is
whether cyclic activity is repetitive enough for a
trader to exploit. Here are perhaps the three foremost
experts on trading with cycles. Each has his own distinctive
way of applying cycle analysis to trading. All three
explain what they do and why they do it. Ehlers is
the scientist who relies on computerized cycle analysis.
Bressert has his own completely unique way of categorizing
cycles and using them in conjunction with oscillators
to call tops and bottoms. Bernstein has been using
his approach since 1969. He provides a complete table
of short, intermediate, long and very long-term cycles
in 29 markets. It includes cycle lengths and dates
of recent highs and lows. To cycle users, this alone
is worth more than the cost of this issue.
Educational
article entitled, "Using Cycles in Trading"
by Richard Mogey, Executive Director of the Foundation
for the Study of Cycles. Here is another approach
to using cycles in trading from the organization that
celebrated its 50th Anniversary in 1991.
Reviews:
MESA and Trading Market Cycles by John F. Ehlers.
The Handbook of Economic Cycles by Jake Bernstein.
The Power of Oscillator/Cycle Combinations
by Walter Bressert. Mesa software by John F.
Ehlers. Ehrlich Cycle Finder tool by Stan Ehrlich.
Products from the Foundation for the Study of Cycles.
Profile
of Peter Brandt, Editor and Publisher, The Factor
advisory service.
