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Hurst bands can be misleadingly accurate LOOKING because they take the
future into account. You can accurately state that price action falls
withing the Hurst bands 90% of the time looking backwards because they are
based on centered moving averages. Metatrader's name on the study was
"Junk_somethingErOther". Appropriate. But for all the newbies out there.
Hurst Channels are your ticket to Easy Street. Offer metatrader a few
hundred $$$ for the "secret". And hurry. He might not be around long.
Then again, he might be back under other names again and again and again.
Kent
----- Original Message -----
From: "bondo92677" <bruce.larson@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 02, 2002 1:09 AM
Subject: [RT] Re: SP forcast
This site
www.stock-forecast.com/
was posted by someone here a few months back. I don't know if that's
a Hurst cycle that's pictured but you can see it was clearly wrong
since the SPX easily blew through the bottom of the band. I've
followed alot of cycle sites and I've never seen anything coming
remotely close to 90% accuracy.
--- In realtraders@xxxx, "bondo92677" <bruce.larson@xxxx> wrote:
> Proven to be 90% accurate? That's an awfully general claim, isn't
> it? Does that mean we have a 90% chance it'll trade between the
band
> tomorrow, in 2 months, each day for the next 2 months, or does it
> only apply to a smoothed out median line?
> They also say selling options is 90% profitable. Doesn't mean you
> can make money doing it though.
> Truthfully though, that's exactly the move I had in mind. Back to
> the top of the range into 7/20 then down hard.
>
>
>
> --- In realtraders@xxxx, metatrader108 <metatrader108@xxxx> wrote:
> >
> > This is Hurst model in action. Proven to be 90% accurate. It is
> 100% automatic, mechanical and objective.
> >
> > I bought a piece of code for Trade Station for $300. Consider it
a
> deal for what it does. Works on intraday data as well.
> >
> > I know few web sites selling this info and some big guys using
it.
> This is the first time it becomes available
> >
> > in TS code.
> >
> >
> >
> > ---------------------------------
> > Do You Yahoo!?
> > Yahoo! - Official partner of 2002 FIFA World Cup
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