Chaos Mathematics Calls the top in the DOW

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Quote from spreadn00b:

Hurst cycles are bullshit. If you look at a Hurst cycle line generated today and then look at the same cycle line generated tomorrow, they'll be different. As it becomes more "historical" the line becomes better fitted to the historical data.

I'm not sure how much of your calculations rely on this, but be careful.

Yep

JJ
 
Quote from pandorasbox:

I have this indicator I use that relies on chaos mathematics to call the tops and bottoms of stocks. It uses non linear Hurst Exponent and cycle analysis and it is remarkably accurate.

The magenta lines show the extreme hurst extensions.

Take a look at the bear market.

What timeframe do you focus on/is this based on?
 
The magenta line signals the end of a move, which typically leads to a reversal. I posted the recent graph of the Dow with the signal color coded just for you.

To be more specific the signals measure the eb and flow of crowd behavior by analysing the Hurst Exponent together with other variables.

Quote from JimmyJam:

LOL, I have my own system for trading, both postion and intra-day, but thanks for the offer, nonetheless.

But I still don't know what the Magenta line represents and we don't have any of the other pertinent data that I mentioned ... so, really, what's your point?

Besides another thread calling a top, that is.

Jimmy Jam
 
Quote from pandorasbox:

The magenta line signals the end of a move, which typically leads to a reversal. I posted the recent graph of the Dow with the signal color coded just for you.

To be more specific the signals measure the eb and flow of crowd behavior by analysing the Hurst Exponent together with other variables.

OK

But to paraphrase Warren on this one:

"If I don't understand something, I don't use it to trade with".

WB article

JJ
 
Quote from pandorasbox:

They signal a point where the price data is very 'compressed' and likely to have an increase in volatility,

If you mean that slot-machines that haven't paid
off for a while are more likely to pay off soon than
the ones that just hit the jackpot... you are wrong.
 
Quote from pandorasbox:

I agree, I should have pointed out what the blue lines mean. They signal a point where the price data is very 'compressed' and likely to have an increase in volatility, usually in the form of a new trend.

So to summarize:
Blue - Start of trend (volatility)
Red - End of upmove
Green - End of down move

Buy some puts here and you will thank me later...

You don't buy puts in a rising market based on squiggly lines. Doesn't matter what kind of witchcraft you use.

If it falls, you will proclaim your wisdom. If it rises, we will not hear from you again.
 
Quote from rcanfiel:

You don't buy puts in a rising market based on squiggly lines. Doesn't matter what kind of witchcraft you use.

If it falls, you will proclaim your wisdom. If it rises, we will not hear from you again.

My thoughts exactly.

To a tee.

Good luck with the Journal rcanfiel

Later,

JImmy Jam
 
Quote from JimmyJam:

LOL, I have my own system for trading, both postion and intra-day, but thanks for the offer, nonetheless.

But I still don't know what the Magenta line represents and we don't have any of the other pertinent data that I mentioned ... so, really, what's your point?

Besides another thread calling a top, that is.

it's probably garbage.

Jimmy Jam


The guy posted his opinion and showed some charts with indicators explaining that opinion, and then answered the issues that were raised.

You and the rest added nothing but insults, garbage and general negativity.

No respect, no decorum, just a small cocky man behind the screen acting big and tough. I'll bet you never talk to anyone face to face like this, if you even have any social interaction at all, based on the amount of time that you obviously spend posting here. How hard could it be, if you are capable of it, to be respectful while injecting your own counter-opinions backed with some reasoning into the discussion? Your kind made this forum the cesspool that it has become.
 
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