The concept of symbolic sequences play important role in study of complex
systems. In the work we are interested in ultrametric structure of the set of
cyclic sequences naturally arising in theory of dynamical systems. Aimed at
construction of analytic and numerical methods for investigation of clusters we
introduce operator language on the space of symbolic sequences and propose an
approach based on wavelet analysis for study of the cluster hierarchy. The
analytic power of the approach is demonstrated by derivation of a formula for
counting of {\it two-fold de Bruijn sequences}, the extension of the notion of
de Bruijn sequences. Possible advantages of the developed description is also
discussed in context of applied