Replies to post #136470 on ajtj99's Market Pulse

[ajtj99]

Have you checked their track record?

[mrmoneykb]

manny. I believe Jim Quince is using Hurst cycles. A cycle low does not necessarily mean price low. It means cycle timing nest of lows. You need to use FLDs, 1/2 span moving averages with Hurst to get a price target. I believe JQ's 40 day cycle is a short variant of the nominal 9 week which "ideally" runs 43-47 days over time.

GL

Mrmoneykb

[euterpe1]

Manny,

I have followed Jim for the last 1.5 years. In a stable market, his calls have been pretty good. This is not a stable market and he have pretty much been dead wrong since September. The "cycle" work is OK to good in an up market. Most T/A has has some type of failing in this market. Just when the indicators say we are oversold, the market lops off another 5%.

I started to move back in to the market on 10/10 when we were way oversold. I bailed out 3 weeks later. Jim's a good guy, but I wouldn't just follow one person or one methodology.

[Stormrider]

Manny,

I have followed his calls for some time and those "cyclical lows" tend to be off as much as a week to ten days sometimes. If you believe in his system just be aware of its limitations, especially in this environment.

[Emptyhead]

Manny.

I think Jim is a fantastic poster on IHUB. I always pay attention to his thoughts. He is better than most.