From the Publisher:

For many years I had heard that the work of J.M. Hurst was of great value to technical analysts, especially those interested in the cyclical analysis of stock price movements. Upon looking into what composed the body of his work, I learned that most of it was unavailable to traders and investors. Hurst's primary work, The Profit Magic of Stock Transaction Timing had gone out of print. I had heard rumors that Hurst had also authored a lengthy trading course on cycles, but it, too, was long out of print. Having been involved in technical analysis and trading for many years myself, I felt that it would be a valuable contribution to the field of technical analysis to assure that the work of Hurst was kept alive for present and future generations of traders and analysts. I decided to make a special project of resuscitating his research in its various forms.

My first step was to negotiate with P.H. for the rights to reprint Profit Magic as a Traders Press publication. This done, I next set about to locate a copy of the Hurst course..

After reprinting Profit Magic and The Hurst Cycles Course, Hurst advised me that in 1974 he had authored a book which gave an overview and summary of the main points of the course. . . The course itself is quite lengthy and will prove exceedingly valuable to those willing to devote the necessary time and effort to studying and mastering the principles of trading it teaches.

This booklet is the overview of The Hurst Cycles Course.

About the Author:

J.M. Hurst is a legend to knowledgeable individuals interested and involved in the study of cyclical price movement in the financial markets. By training and background an aerospace engineer, he was the first true 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 his groundbreaking classic, The Profit Magic of Stock Transaction Timing.

The work of Hurst inspired cycles analysts who came later, and represents the most important factor behind the work later done by such cycles luminaries as peter Eliades, Jim Tillman, Walter Bressert, 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's book. It was responsible for changing my life.

It is a little known fact that Hurst authored not just his book which introduced his ideas and summarized his research, but that he also produced a comprehensive 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 guidance it offers on how to put the principles discovered by Hurst into actual practice.