Author J M Hurst is a legend to knowledgeable individuals interested and involved in the study of cyclical price movement in the financial markets. An aerospace engineer by training and background, he was the first pioneer in the computerized research into the nature of stock price action, devoting many years and over 20,000 computer hours to this study. His conclusions were first documented in this groundbreaking classic. This book has become a classic and it is held in exceptionally high esteem by serious technical analysts and market students. The work of Hurst inspired cycles analysts who came later, and his work represents the most important factor behind the analysis later done by such cycles luminaries as Peter Eliades, Walter Bressert, Jim Tillman, and Brian Millard. Indeed, Peter Eliades says that "sometimes a single moment changes all the ones that follow. For me it was the discovery of Hursts' book, 'The Profit Magic of Stock Transaction Timing'. It was responsible for changing my life." Millard says "Imagine my delight and pleasure when I came across this priceless book!" It is a little know fact that Hurst authored not only this book which introduced his ideas and summarized his research, but that he also introduced a full-fledged cycles training course which teaches the student how to apply his principles to actual trading and investing. This course, available exclusively through Traders Press, has proven valuable to those select few who have availed themselves of the valuable guidance it offers in how to put the valuable work done by Hurst into actual practice. The principles of this course are summarized and described in a 1974 treatise by Hurst, "Cyclic Analysis: The Dynamic Approach To Technical Analysis of Stocks and Commodities", also published by Traders Press. źródło opisu: Wyd. Traders Press Inc., 2000 źródło okładki: https://www.traderspress.com/detail.php?PKey=899#