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I have watched with great interest the excellent programming of Clyde
along with the numerous supportive comments of the Hurst Chammel work.
I am 100% behind such efforts and wish only to add to it.It is a
noble work in process.
There are similar Fundamental sites which purport to have high
predictability success. Just one such is http://www.forecasts.org/
This takes into consideration at least 10 Economic Indicaters.It
gives standard deviation from actual.Perhaps such fundamentals could
add a Techno-Fundamental approach.
While the Hurst scenario offers promise, my concern is that the last
S&P "signal" given was far off the mark meaning one never knows when
that alleged 1 in 10 against you will hit or its frequency. Also the
absence of a specific price but a boxed range is another area for
misinterpretation.With a pure technical system, one generally looks
for a price to go short or long. Can this be done with this system or
method? I do not know and only seek constructive feedback.The current
Dow possible "signal" offers the same issues. I personally read it as
a probable long "signal" given past experience.
I admit that one should drink deeply from the "Pyrean Springs" or not
drink at all...and I have certainly not dug as deeply by my own
admission as others.But that does not mean my comments are meant
derrogatorily or off the wall.
I am just seeking the same as we all are...something to help call the
market.
John
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