Short Term Trading Member Forum

[airedale88]

arjunah...........
"I have attributed the Fed's repeated intervention for extending the current nominal 4.5Y cycle to 5 years".........

Hurst..."fundamental factors do influence price. they do so by interacting with cyclic phenomena, generally causing changes in wave amplitude, wave(cycle) periods and phases are unaffected, thus transaction timing is not deranged by fundamental considerations"..........

there have been many fed interventions in the past, none seeming to cause cycle periods to change. recent times have seen multiple fed moves as a reaction to the growing enormity of the credit crisis and we've seen high amplitude swings even in short cycles. why would a fundamental event that in the past has not caused cycle period to lengthen now cause it to?