Customer Reviews

Cyclic Analysis: A Dynamic Approach to Technical Analysis

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This book is a brief introduction to cycles and how they are used in trading. But it does not have info on how cycle lengths are determined; it appears the author uses a computer program. It might stimulate more interest in cycles, but by itself, won't help your trading, in my opinion.

This is a pamphlet that is basically a primer on J.M. Hurst's Cyclic Analysis Trading Program that he did back in the '70's. Whether or not Cyclic Analysis even works, you decide, but I sure would love to find somebody who can make the returns he promised in his book "Profit Magic of Stock Transaction Timing." If you want to learn about Cyclic Analysis, move on, this won't help you. I'd imagine the person who actually makes the returns Hurst suggested would be the richest person in the U.S. in no time at all. Last time I checked, Bill Gates made his money on Microsoft, not on the theory that stocks will make bottoms every 3 months or every 14 days.

Cyclic Analysis: A Dynamic Approach to Technical Analysis

I found this book to be excellent and very well written. It is essentially an overview of J. M. Hurst's work on cycle analysis. Hurst's main text is much more comprehensive but this overview is very worth while. Hurst's work was basically ignored as he did really provide the math, just outlined the ideas. However, his work is the cornerstone of technical analysis, but does require serious effort on the part of the reader.
Schippi of SelectSectors.com