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You have to keep in mind that model is a dynamic one.
The shot shown at www.stock-forecast.com is an old one. By the time
price dropped there it adjusted. So to see an updated picture you
have to either subscribe to that web site or to buy the code for TS.
The idea of upcoming turning was 90% correct.
Use other stuff to nail it. Hurst himself recommends trend lines and
few other things, but there are better methods like sq9, harmonic
targets, mirror lines, astrology(if you are into it), ect.
Greg.
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.
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