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Hi Lee,
We've all been thinking the same - see my reply to Jack's post.
Ian
> In a message dated 5/20/03 12:00:02 PM Pacific Daylight Time,
> ianwaugh@xxxxxxxxx writes:
>
> << Could I please direct the curious and interested parties to the
> second chart on this page http://mktcycles.com/faq.php and ask if
> anyone knows what sort of indicators may be at work, particularly
> for the thick black central trend line?
>
> Thoughts on the other indicators also welcome.
>
> Thank you.
> >>
>
> Ian,
>
> The central black trend line and the red line are probably moving
> averages of one type or another. You could construct a chart and try
> various averaging lengths to see if you can find averaging lengths
> which match the charts you referenced. The green lines are, as he
> stated, 1, 2 and 3 standard deviations of price from the trend lines.
> The indicator(s) plotted separately at the bottom of the chart
> shows, I believe, the difference between price and the black and red
> lines shown on the price chart.
>
> Lee Scharpen
>
>
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