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
SPX
Started by
airedale88
, Mar 20 2007 06:24 AM
13 replies to this topic
#11
Posted 20 March 2007 - 11:44 AM
Well, yet another disbelief rally built upon non-participation. Bears control volume, bulls control price. Snort.
#12
Posted 20 March 2007 - 11:50 AM
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.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#13
Posted 20 March 2007 - 12:47 PM
volume is everything to CLX analysis.......
#14
Posted 20 March 2007 - 02:01 PM
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.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England