4 replies to this topic

[SilentOne]

Here are some interesting tidbits. Hurst envelopes are an excellent trading tool and reliable for confirming trend changes. No sign of weakness here. This should help you to stick with the uptrend.





If the HUI is just breaking out with a push over 240, what are these charts saying??



Conversely there is this.



Now here is a trend change in the works. Interest rates are about to head higher. I still haven't done anything about shorting bonds via TLT puts. But this is saying I should.



And yes, gold shares and the metal are outperforming the CRB.



Great charts here.

http://www.selectsectors.com/

cheers,

john

Edited by SilentOne, 13 November 2004 - 03:31 PM.

[Not Too Swift]

Yes, great charts. Thanks!

[Not Too Swift]

After looking at your charts, I do have another question: Do you have a simple method of automatically calculating the Hurst envelopes that you can share? I still draw them freehand like Jim Curry does. If you consider it your own, that is fine too. Thanks for showing the charts.

[SilentOne]

Hi NTS, Those are not my charts. I just post them and comment on what I see. Same goes for the Elliott wave, Gann and general TA stuff. cheers, john

Edited by SilentOne, 13 November 2004 - 04:23 PM.

[Not Too Swift]

Thanks!