React on current market conditions instead of predicting future moves:
Today I read an article on CNBC.com where a strategist called Charles Nenner predicts Dow will hit 5000. Original article can be found on this link: http://www.cnbc.com/id/38826988. He not only predicts that Dow will hit 5000 but he also gives a time frame which is 2 - 2.5 years. Nenner uses cycles in order to predict moves and dates. Here at Stock-Market-Strategy we  believe in cycles. The stock market, real estate market and commodities all move in cycles. Nothing goes up forever and we will always see bull and bear markets. But this is as far as we go when it comes to cycles. We do not use them to predict market moves as there is no rule saying that a cycle has to be a certain length, making it impossible to predict moves without a big margin of error.
React on current market conditions instead of predicting future moves:
At Stock-Market-Strategy we are well aware that the stock market is made up of other traders which means that the market moves based on those other trader's actions. These actions partly arrive from emotions and belief about the market; things that are impossible to predict, even with cycles. So, the bottom line is, we cannot predict what other people or traders will do in the future so we cannot predict what the market will do. Yes you can make lucky guesses once in a while but that is not trading. Trading is about consistency, about making more money on the winners then the losers.
At Stock-Market-Strategy we analyze the charts and wait for actions. Then we react on those actions. We have a saying at Stock-Market-Strategy: Don't act, react!. This way we react on current market instead of trying to predict future moves.
What do you think? Do you think you should rely on cycles or do you prefer to use the market to predict your next trade?