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Title: A classic
Review: Nicely written, but unfortunately becoming dated. Cycles are almost common knowledge now, with the new wave of time based traders off Fibonacci. Also, MA envelopes and other variations of bands are incredibly popular now. I think his real edge is the length of time of the cycles. Most people will not have the patience to wait months for a setup and then hold on to the trade for several more months. That allows the longer cycles to go the course, while letting the shorter traders fight over the smaller wiggles. The claims of 90% winning trades is also questionable, but when you do catch the relative cycle high or low.. it sure does look brilliant.
