2 replies to this topic

[Geomean]

This is a link to Monday's webinar by David Hickson, a prominent Hurst Cycles enthusiast discussing his view of the status of the SPX and a few other tradables

 

https://www.youtube....eature=youtu.be

[alexnewbee]

This is a link to Monday's webinar by David Hickson, a prominent Hurst Cycles enthusiast discussing his view of the status of the SPX and a few other tradables

 

https://www.youtube....eature=youtu.be

thks, interesting. but what about 7.5 years peak in 1992 and 1984? and further on..

[Geomean]

Yes, exactly.  There is a great deal of data fitting that seems to go on here.  Jack Hurst said that his testing indicated that cycles account for around 20% of price movement in stocks. In back testing Hurst analysis software I  found that it does a very bad job of picking significant highs (16% of the time in the Dow and the S&P)) but of course it could be user error.  It may work better on short term cycle turns from 20 days up to 18 months, depending on the tradable.