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Re: goodluck post# 512847

Monday, 11/13/2006 9:19:40 AM

Monday, November 13, 2006 9:19:40 AM

Post# of 704047
Goodluck, TIME is more important than PRICE, in my work. In a perfect cycle, a stock will decline for 7 weeks, then go up for 7 weeks, unfortunately not all cycles are perfect, in fact most are not, however in the case of SANDISK, I'm assuming that the current cycle low will occur on November 27th, as there is a Bradley Turn Date due on November 28th. If I am correct on my assumption, then November 27th would also be the 7th week down from the October 16th high, which occurred in the week of October 16th through the 20th. The next cycle high in SANDISK should occur the week of January 15, 2007, if the cycle is working perfectly, a week or two earlier if the cycle is short or a week or two later if the cycle is running long.

As to PRICE, I use a modified Hurst system of lagged moving averages, and when the 27 Day Moving Average (plotted 14 days back) on Bar Charts (no candlesticks for me) crosses the two shorter Moving Averages that I use, it will cross aproximately half way between the cycle high and cycle low or sometimes I will get three crosses of the 27 Day Moving Average and the 2nd cross will be aproximately half way down in the cycle.

For a better explanation of HURST Cycles, check AIREDALE 88, who posts on the Short Term TA Board on Investor's Hub, he makes by far, the best predictions of anybody on Investor's Hub but mostly on the S & P 500, as opposed to individual stocks.

Jim

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