Wednesday, April 06, 2011 1:39:06 AM
Gold and HUI Hurst Cycles ...
In my experience, gold and the HUI do not follow the Hurst nominal model. Hurst even talked about this in his course material.
A 14 month cycle is very important for gold and the HUI, one I have tracked for some time. It distorted a bit with the Nov. 2008 low into the Dec. 2009 peak (very right translated). But it looks like it has come in here. I can't believe my eyes if this is true given where gold and silver are trading. If you are thinking short here, be careful. HUI 611 is a major Gann fib and price is not far away.
Hope you are well bubbleboy.
cheers,
john
http://www.sentienttrader.com/
In my experience, gold and the HUI do not follow the Hurst nominal model. Hurst even talked about this in his course material.
A 14 month cycle is very important for gold and the HUI, one I have tracked for some time. It distorted a bit with the Nov. 2008 low into the Dec. 2009 peak (very right translated). But it looks like it has come in here. I can't believe my eyes if this is true given where gold and silver are trading. If you are thinking short here, be careful. HUI 611 is a major Gann fib and price is not far away.
Hope you are well bubbleboy.
cheers,
john
http://www.sentienttrader.com/
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