Anyone read the December TASC ?

["Von Hef" <VonHef@xxxxxxxxxx>]

I was reading the article "The Yen Recursed" by Dennis Meyers, and he based
his
system on an oscillator that uses an Exponential Moving average and
something he
calls "Recursive Moving Trend Average".  He describes the Recursive MA in
mathematical terms as "recursive polynomial fit, a technique that uses a
small number
of past values of the estimated price and today's price to predict tomorrows
price."

 Is the "Recursive MA" the same indicator as the "Time Series Forecast
indicator" found
in MetaStock? Here is what the help file reads :

Rather than plotting a straight Linear Regression trendline, the Time Series
Forecast indicator plots the ending values of multiple Linear Regression
trendlines.  The resulting Time Series Forecast indicator is sometimes
referred to as a "moving linear regression" study,

and:

As the name suggests, the indicator can be used to forecast the next
period's price.  This estimate is based on the trend of the security's
prices over the period specified (e.g., 20 periods).  If the trend
continues, the last point of the trendline (the value of the Time Series
Forecast) is forecasting the next period's price.

 Best wishes,
               Adam Hefner.
 e-mail:  VonHef@xxxxxxxxxx

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