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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (24870)9/3/1999 8:30:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
LG, i am slowly but surely disturbed by how right Favors has lately been...he has this uncanny habit of predicting turning points to within a day of their happening. i realize that he can not possibly be infallible and probably has made bad calls in the past...but his most recent record is up until now spotless.
much of his work is based on cycle analysis combined with more conventional and some very unconventional TA tools (like the Bradley Siderograph) and this year the results were certainly remarkable.
like i said before, i'm not trying to get a Favors fan club going here, i merely point out that his analysis has been correct of late.
it will be interesting to see how long he will be able to keep this up...
in any event, he hasn't been useful as a contrary indicator -ggg-

regards,

hb