Ernie P. Quigley, Editor, Centre for the Study of Recurring Cycles / Harmonic Timing
January 26, 1999
Mr. William Erman,
It is my belief that markets grow and decay in specific mathematical relationships. Having that belief system, I eagerly read your recent article in Stocks and Commodities magazine. I would like to commend you for doing an outstanding job of explaining some of the intricacies of a log spiral. Your article is a clear representation of how to calculate how the spiral grows.
I have been working through all the examples that you give and find it a little short of "incredible" how accurate the time counts are. In doing the calculations I find that the math necessary is minimal and for one who is over 55 years of age, that is a blessing.
I look forward to your book and additional articles in Stocks and Commodities.
Sincerely,
Ernie P. Quigley
Harmonic Timing
http://www.harmonictiming.com