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airedale88

03/17/07 4:56 AM

#25915 RE: tjwny #25913

tjwny, "Hurst is a price based system and price is the only variable;........."

Hurst uses time. cycles are time. price (amplitude) is determined by the cycles. variation in time cycles and in cycle amplitude is caused by fundamentals. sudden increases in volume indicate a fundamental interaction. they are not predictable.

are you saying vector vest predicted the size and speed of the decline or that a decline was possible? Hurst phasing indicated a 20 wk cycle low was due around now. it did not suggest the size of the decline until the 20 wk fld was crossed. that gave a price target that on a closing basis has held. has vector vest given a price target for this decline?
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GLENO34

03/17/07 6:29 PM

#25921 RE: tjwny #25913

tjwny...I think that using CCI's in conjunction with moving averages you can get fairly good at predicting price targets...