Keep up the good work. Your accuracy lately has been astounding, and I look forward to reading your posts all day long. You're a heck of a lot more interesting than The Wall Street Journal, and usually more insightful. Keep studying and improving your methods.
Having watched the Hurst analysts for years, I know they own an important piece of the puzzle. It's not the whole story but Hurst analysis is more consistently accurate concerning the larger market moves than any other system I've seen.
One criticism is that the Hurst analysts will start searching for all kinds of alternative explanations when the market performance begins to diverge from anticipated results. This is typical of human behavior period, and the Elliot wave analysts are far worse in this department. Cash, Airedale, and PMiles are great role models for keeping a cool head, just paying attention to the facts, and dealing with what is now in a rational objective way. They are willing to make calls, admit their wrong if they are, adjust their assessments and their trades, and move on.
It will be interesting to see how the market plays out over the next several days. We are likely to rally however briefly early in the week, and this will confuse matters once again. The Hurst analysts will say, "See we were right all along. The cycles were just a bit delayed." But we won't really know for sure until the end of next week beginning of the week after when we see whether the rally holds.
If we rally a couple days and it fizzles again--and especially if we head lower--we will know the market has truly topped for the next few years. In the latter instance, it will be mostly downhill into the 4-4.5 year low in 2006/2007.
Write on, FA. You inspire me to greatness.
Black
AI
