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IT'S THE CYCLE,STUPID

机译:愚蠢的循环

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THE RECENT turbulence in financial markets has sent institutional investors frantically searching for direction. Is the economy entering a "double dip"? Will the Fed embark on a new round of quantitative easing? Will the euro survive? These are not the right questions to ask. You don't have to wait until events unfold to make financial decisions if you have a way to tap into patterns that clearly exist in the markets. My work is based on two foundations: Markets do not move at random, and there is no way of influencing their behavior. Markets are part of creation and follow natural laws. Cycles run the markets and are more "fundamental" than so-called fundamentals. The idea that cycles, not human actions, guide the markets is difficult to accept emotionally. It means there is no free choice.
机译:金融市场最近的动荡使机构投资者疯狂地寻找方向。经济是否正在进入“双底”?美联储是否会开始新一轮的量化宽松?欧元会生存吗?这些不是正确的问题。如果您有办法利用市场上明显存在的模式,则不必等到事件发展就可以做出财务决策。我的工作基于两个基础:市场不会随机波动,也无法影响其行为。市场是创造的一部分,并遵循自然规律。周期运行着市场,比所谓的基本面更为“基本”。周期而不是人类的行为引导市场的想法在情感上很难被接受。这意味着没有自由选择。

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