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Re: [RT] What happened to the Hurst cycle?



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What happened to Hurst's extentions of the offset moving averages to predict
price and time? Ira

Clyde Lee wrote:

> More likely the parameters for generation of the prediction of
> the cycle were wrong.
>
> We will have to wait for the Centered Moving Averages to catch
> up with the data to make the kind of judgment you have made
> with insufficient data.
>
> Remember, the REALTIME values for the Hurst channels are an
> ATTEMPT to predict what the real values of the CMAs will be
> and that ATTEMPT to estimate can be really wrong at times.
>
> Everyone needs to understand that the attempt to estimate the
> realtime CMA values is strictly that -- an attempt.  Currently we
> are using classical Fourier analysis and have limited ourselves
> to only 3 components to construct envelopes.  We may be
> using too many or too few -- at this stage in development I
> do not have a good feeling of what it takes to better match the
> eventual values of the CMAs but you can bet we are still
> working on it.
>
> Clyde
>
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> Clyde Lee   Chairman/CEO          (Home of SwingMachine)
> SYTECH Corporation          email: clydelee@xxxxxxxxxxxx
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>
> ----- Original Message -----
> From: "bondo92677" <bruce.larson@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, July 03, 2002 12:25 PM
> Subject: [RT] What happened to the Hurst cycle?
>
> > I guess we fell into the 10% of the time its wrong.
> >
> >
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