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Re: Stock post# 90

Wednesday, 09/23/2009 1:36:23 PM

Wednesday, September 23, 2009 1:36:23 PM

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You wrote
Yes, as I recall, those two frequently debated what they considered to be the "true phasing" which was essentially an argument about whether a bottom was a "cycle straddle" or a beginning/end point -- my terminology may be off here...

basically, the way I understand Hurst is that you find something that is a definite market bottom over the long haul, then apply these cycles of time backwards -- to validate the bottom -- then project these same intervals out, to predict the future (hopefully)...

There is a lot of debate about what a true bottom date is back in the past, because it can have a big impact on future thinking, dates, intervals, etc.

I am no expert, just a passive observer.
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Thanks again for the very useful info.
And you are an expert on HURST. IMHO

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