Hi roadkillgourmet,I'd like to break my silence to say only 10%...

Hi roadkillgourmet,

I'd like to break my silence to say only 10% of ASX stocks are suitable for cyclic analysis, and cyclic analysis cannot be applied to any stock. In this particular case, I've tested HDF for correlation between the cycles and its price movement and found the correlation to be good and the cycles stable, and thus cycle analysis could be applied to HDF. So you are absolutely right. T/A ( depending on what analysis it is ) CANNOT be applied to any share running. In fact, cyclic analysis cannot be applied to ASX stocks for 90% of the time.

Also I made the post on an invitation by a member and did not make any claim to be a wonder at picking running stocks, as my only participation was to help provide some views to the member who requested the analysis. It is a shame if any members felt that way.

Perhaps my statement that the bullishness of HDF stems from 39.7 day cycle was not properly stated in the first place. What is meant is that the cycle analysis showed the 39.7 day cycle to be a dominant cycle that has a close correlation to price movements and the projections were based on that cycle period.

Once again, I do apologise if any member is offended by my making a post here on HDF irrespective of whether the post had been miscontrued or if it was in anyway helpful. I really do want not to waste any one's time to dwell on the merits of the post or that I made some fantastic claims or otherwise, especially anyone follow my post and understand its contents. My only wish is that everyone of you who are trading HDF will have a fantastic run and make big profits.

Perhaps I've learnt a good lesson that it is best not to be extra helpful to put forth views on stocks whenever requested by some friends and not to disturb the established calm in any forum.

To roadkillgourmet-- I especially would like to apologise to you if you feel unhappy about my post or that I have made any projections or claims that have intruded upon you, because in the first place, I do not belong to this sub forum and I should also not be commenting on this stock as I do not trade or hold this stock.

May the best prices be yours.


dascore

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