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Re: airedale88 post# 11960

Thursday, 05/26/2005 3:24:09 PM

Thursday, May 26, 2005 3:24:09 PM

Post# of 51831
Airedale, you are the first to make Hurst practical in my experience. I also understand that you are sometimes lost and always learning. But your track record is reasonably good from what I have observed, and the way you explain it, it isn't that hard. Trying to read the book or interpret the course *is* hard without your help, though. Your dedication to the method makes it easier for someone like me to follow.

So I think this is the main reason that Hurst has not become widespread. Few people knew how to apply it. And then even among Hurst practitioners there are wide differences. You are the first in my experience to apply it with such success and consistency.

In conversations with professionals throughout the financial industry, I have found a general closed attitude toward anything like this. They just don't want to hear it. It's both amusing and amazing. Now this is just my experience, and there may be many out there with a more open attitude. In any case, this closed attitude will of course slow the development of any one system of trading and investing. Still, if the Hurst method begins to show consistent and verifiable evidence of reliability, we can only expect it to spread with ever greater speed.

So my question is this: If your application became widespread, how would this affect the market? Just as a theoretical question. I remember seeing Hurst address it in a cursory way, and he didn't think widespread use would be a problem.

Black
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