JM HURST - CYCLE TRADING

Around 1970 a California rocket scientist and a small group of wealthy investors rented time on a mainframe computer to do original stock market research and develop a swing trading method. 30,000 hours later the rocket scientist of the group, physicist and aerospace engineer, J.M. Hurst, published the results (or at least so much as they wanted to disclose) of his research in a technical analysis classic, The Profit Magic of Stock Transaction Timing. JM Hurst's book was ostensibly about moving averages but to the average stock trader it looked like a rocket math treatise on numerical analysis.

Ironically, the best book ever written about stock market cycles and swing trading became available during the deepest and most extended Bear Market since the Great Depression. From 1972 on brokers couldn't give blue chip stock away in a Wall Street lunchroom. There was no market for a book by a stock market timer, and the book became a hidden treasure.