charles nenner
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- Charles Nenner is "a natural pattern recognizer." His analysis is not a science, it is an art, although it is as complicated as rocket science.
- He uses three principal tools to analyze financial markets:
- A technical model based on about 200 indicators (such as moving averages, put-call ratios, advance-decline ratios, insider sales, up-down volume ratios). This tool generally prevails when his other tools disagree.
- Empirical cycles (distances between tops and bottoms) over multiple horizons, refined via Fourier analysis. Cycles are as reliable as airplanes, reflecting consistent human interpretations of events that are impervious to learning. Cycles will always work because politicians and economists do not want to believe that economies are deterministic (and constituents therefore not in need of their services). Longer cycles are generally more powerful than shorter ones. Cycles indicate direction, but not level. Other methods determine level via measuring upward and downward price momentum.
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