|  MAR 1983

Cyclic Timing by JOHN HERRICK

Cyclic Timing by JOHN HERRICK The concept of cyclic timing can be applied to most charting systems, including the most sophisticated analytical systems; such as, oscillators. It is not adaptable to the Swing Vector System, because the passage of time is not laid out horizontally on that kind of chart. I urge you to give this new concept a fair test. I have discovered that cyclic timing will eliminate almost all signals that do not produce profitable moves. This concept has the probability of improving any charting system that produces graphic buy and sell signals. Those of us who have used cyclic analysis of commodity-futures price movements, for some time, have become convinced that futures prices will move upward after the prices have formed a cyclic trough (bottom price), of a correctly chosen major cycle; EVEN during an over-all, general, bear market condition. The extent of the upward move of the prices depends a great deal on the kind of market then in force (bull, bear, or nowhere sideways). Well, it doesn't require much mental effort to reason that futures prices will move downward; a little, a lot, or a break-even amount; after the prices have formed a midcycle crest of a correctly chosen major cycle.

by John Herrick