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It's hard to study Hurst without getting at least a few
goosebumps. What he offers is flexibility and exactitude at the same time, and,
much more. There is not just one outstanding feature, but, more a model of
outstanding analysis. His trading model is complete, and, using that as his
criteria, I think he did acheive the 90% goal. Although, there weren't that many
trades in his experiment, it was still 'statistically significant'. With the
90%, he wasn't just trying to acheive a winning trade either. He also set
goals of maximum return trading intervals and trade placements to acheive that
maximum. There are a few issues that, IMHO, need resolving. Hurst clearly
opened the door very wide indeed, and yet, I don't think he intended it be the
final word. A brilliant pioneer.
I know he had a followup course. I contacted a guy selling it
online, but, do to lack of interest, he threw it out. I was about a week too
late. A while ago. Not many people are willing to do the work. I tried
to program it a while ago, but, I got sidetracked before it was
completed.
I wonder if anyone recreated his testing that make up the
appendixes.
Tim
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Clyde Lee
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, June 08, 2002 6:34
PM
Subject: Re: [RT] J.M. Hurst
I think Hurst and his work is the least
understood and most underrated
work that has ever been published.
Unfortunately you have to be rather intelligent
and be willing to do a fair
amount of reading and studying to understand what
Hurst discovered
and there are too damn few people that are not
too lazy to do so.
Hurst, in less than 300 pages, gave us more to
work on than Gann did in
all of the things he wrote and all the "Gann
Interpreters" have written since.
I hope that this will encourage everyone that
does not have a copy of his
work to obtain one (it really is cheap) and have
the time and the patience
to read/understand what he says.
Hurst was not 100% correct in all that he said
but he definitely was on the
right track IF YOU BELIEVE IN CYCLIC PHENOMENA IN
THE MARKETS.
Clyde
- - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde
Lee
Chairman/CEO (Home of
SwingMachine)SYTECH
Corporation email: <A
href="mailto:clydelee@xxxxxxxxxxxx">clydelee@xxxxxxxxxxxx 7910
Westglen, Suite 105
Office: (713) 783-9540Houston, TX
77063
Fax: (713) 783-1092Details
at:
www.theswingmachine.com- - -
- - - - - - - - - - - - - - - - - - - - - - - - -
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A href="mailto:nwinski@xxxxxxxxxxxxxxx"
title=nwinski@xxxxxxxxxxxxxxx>Norman Winski
To: <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
Sent: Saturday, June 08, 2002 4:59
PM
Subject: [RT] J.M. Hurst
Last week, there was a disuccsion on J.M.
Hurst and his cycle work. I was digging through my library and stumbled
across my 1970 copy which included a nice photo and brief bio which I
thought you may enjoy. Please see hopefully attached picture.
THE PROFIT MAGIC OF STOCK TRANSACTION TIMING
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