SPDR S&P 500 (SPY)

[Fox13]

Leftyg: Thank you for reminding us of Hurst’s work. I have his original book and the famous course, which I still consult often. Reading them is always a real pleasure. I would however remind to those who practice his teachings that Hurst himself suggested that one should carefully chose those indices and stocks where Hurstian cycles are obviously “applicable”. These chaps sometimes try often the impossible “at any price”, and their analysis can become a caricature, as pointed out by Scam. Moreover, since Hurst, many advances were made. In particular, mathematical “filters” are now available and IMHO, could be successfully used for the dissection of cycles. This leads sometimes to detection of cycles not subjected to a strict “synchronicity” as originally defined by Hurst. I think that this does not contradict in essence the “ nominal cyclic model” but rather deepens its understanding.