Re: [RT] CYCLES

["Jim Curry" <jim@xxxxxxxxxxxxxxxxxxx>]

Hi Clyde
the channels are used to show support and 
resistance ONLY - and are not what I really consider a forecasting tool. 

do no confuse the channels with a forecast - the 
forecast is in the words
 
thanks
Jim
 
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Clyde 
  Lee(SBCY) 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="">realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Friday, March 14, 2003 3:55 
PM
  Subject: Re: [RT] CYCLES
  
  I have been interested in the "Hurst Channels" 
  which Jim has show recently.
   
  The attached chart asks a question.
   
   
  Clyde
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  <BLOCKQUOTE 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    Jim 
    Curry 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Friday, March 14, 2003 11:30 
    AM
    Subject: [RT] CYCLES
    
    Chart attached shows what's up with the 
    short-term. With the recent action odds tend to favor a minor 
    low
    in place at 789 SPX; closing above Thursday's 
    close will confirm that assessment (anything below Thrusday's 
    close on a closing basis and thus the index is 
    weaker). 
     
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