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One problem with Hurst channels is that
they depend
on a CENTERED MOVING AVERAGE.
You cannot compute such in realtime at the
time you
are examining.
The attached (a weekly chart) shows what
you can
expect from this problem.
This inability to be solved correctly in
realtime
does not invalidate the procedure.
Just makes
it necessary to think ahead.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx";>clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - - -
- - - - - - - - - - - - - - - - - - - - - - - -
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=bulldog5@xxxxxxxxxxxxxx
href="mailto:bulldog5@xxxxxxxxxxxxxx";>B.Tharp
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, April 25, 2001
17:58
Subject: [RT] book info
Is this the book ?
<A
href="http://www.bestwebbuys.com/books/compare/isbn/0934380627";>http://www.bestwebbuys.com/books/compare/isbn/0934380627-----
Original Message -----From: "Dan" <<A
href="mailto:dcash@xxxxxxxxxxxx";>dcash@xxxxxxxxxxxx>To: <<A
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx>Sent:
Wednesday, April 25, 2001 5:57 PMSubject: Re: [RT] COMP: Hurst
envelopes> Thank you!>> Stan Book
wrote:>> > THE PROFIT MAGIC OF STOCK TRANSACTION TIMING, J.
M. Hurst,Prentice-Hall,> > 1970.> >> >
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