Hurst indicated that a
CENTERED MOVING AVERAGE was a proper
method of examining
cyclicality in a price series -- I agree.
The attached shows two
relative long term (186 weeks--3.6 years and 386 weeks
--7.4 years). These
lengths are taken from of MEM evaluation of cycles in the
The attached pictures show
just how far this approach can project into the
future and whether it is
correct or not remains to be seen.
In evaluating studies of this
length we can only examine if the behavior of
prices lie within a series of
"bands" which we calculate around the Centered
Moving Average of prices and
the Fourier projection of the selected period
LOOK HARD AT THESE RESULTS.
This approach is not yet a
"commercial" product. Any feedback as to whether
this approach has merit would
be appreciated.
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Clyde
Lee
SYTECH Corporation
7910
Westglen
Phone: 713.783.9540
Suite
105
Fax: 713.783.1092
Houston, TX 77063 www.theswingmachine.com
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