13 replies to this topic

[spielchekr]

Well, yet another disbelief rally built upon non-participation. Bears control volume, bulls control price. Snort.

Arithmetic is good, too. Lots of people ignore them, though. Not me. In fact, I'm watching to see how well $NYA conquers this linear chart today. I want to be an IT bull, but at lower prices 1st. We'll see if I get my wish.

http://stockcharts.com/c-sc/sc?s=$NYA&p=D&st=2006-05-08&i=p79448004632&a=100014078&r=6216.png

[airedale88]

fortunately volume plays no role in Hurst cycle analysis aside from helping detect short jumps in cycle amplitude caused by fundamental interaction. it causes no change in overall timing of cyclic troughs.

[da_cheif]

volume is everything to CLX analysis.......

[airedale88]

i understand that cheif. i'm just saying that Hurst did not use volume in his analysis. i always look at volume, breadth, other T/A factors but i don't factor them in to a cyclic forecast. old joe g first got me watching volume when i bought his book.