J.M.Hurst - Cycle Trading Without the Rocket Math
OUR BOOK IS ABOUT HURST BUT NOT ABOUT CYCLES
We look for the hidden keystone of knowledge that makes the complex work of genius pioneers like W.D. Gann, R.N. Elliott and J.M. Hurst useable and reliable even if they never consciously intended it quite the same way. We believe that we have accomplished that with J.M. Hurst who established his place in trading history many years ago with his original work, The Profit Magic of Stock Transaction Timing.
The full implementation of Hurst's work is not for the mathematically challenged (as we were). We got his book in 1982 and spent months getting through it so that we could do his Fourier and digital filters, and print his cycle charts onto a dot matrix printer complete with envelopes and inverse averages. It doesn't seem that long ago, but if you wanted to test with historical data then you needed a room full of Barrons and the WSJ.