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J. M. Hurst

James M. Hurst (1924–2005): engineer and analyst, author of The Profit Magic of Stock Transaction Timing (1970) — founder of the modern cyclic tradition.

On this page

James M. Hurst — The Profit Magic of Stock Transaction Timing (Prentice-Hall, 1970).
Period 1924 – 2005
Background Engineering (aerospace industry)
Lens Cyclic
Key work The Profit Magic of Stock Transaction Timing (1970)

Contribution

Hurst formalized the price-motion model: price as sum of synchronized cyclic components plus fundamental trend. From there:

  • five principles of the cyclic model;
  • operational chart methods (envelope, valid trend line, edge-band / mid-band);
  • transactional timing with forecast vs signal distinction;
  • spectral analysis (Fourier, Ormsby filters) for research.

The full Cyclepedia corpus covers Ch. 1–11 and Appendices I–VI of the 1970 book.

After the book, Hurst developed the Cycles Course (Cyclitec, ~1973) with phasing analysis, FLD and extended methods — documented in a separate path.

Study path (1970 book)

The path follows the book order: operating philosophy → cyclic model → patterns verified → buy timing → managing the trade → computed methods → issue selection → trading by logic; then, for those who want to go all the way, the causes of price movement and spectral analysis (Ch. 9–11 and appendices).

J.M. HURST · STUDY PATH The book’s path: eight stages Profit Magic (1970) in reading order — each tool rests on the one before CYCLEPEDIA DIAGRAM — EMICICLO 01 Operating philosophy yield is measured against time CH. 1 02 Cyclic model price is a sum of cycles CH. 2 03 Patterns verified chart shapes explained by cycles CH. 3 04 Buy timing envelopes and valid trend lines CH. 4 05 Managing the trade keeping the profit you made CH. 5 06 Computed methods half-span, full-span, inverse CH. 6 07 Issue selection scanning, screening, the stable CH. 7 08 Trading by logic everything together, in the field CH. 8 then, to go all the way: Ch. 9–10 (why prices change) · Ch. 11 (spectral analysis) · Appendices I–VI No programming and no statistics required: paper, pencil and one stock chart.
The eight stages of the golden path, in the book's reading order (1970): each tool rests on the one before.
Tap each stage for a preview

Hub: Hurst tradition

Start the Hurst path →

After the book (post-1970)

J.M. HURST · AFTER THE BOOK After the book: the mature method From the Cycles Course to the living tradition — the complementary path CYCLEPEDIA DIAGRAM — EMICICLO 01 Cycles Course Cyclitec, ~1973 THE COURSE 02 Phasing analysis the map of every phase METHOD 03 FLD the line displaced forward TOOL 04 Modern tradition Hickson · Sentient Trader TODAY none of this is in the 1970 book: it is the mature method, documented in a separate path Book first, course second: this path assumes the eight stages above.
The mature method: from the Cycles Course (~1973) to the living tradition. It assumes the book's eight stages.
Tap the four stages
Resource Entry
Course overview and Hickson tradition After the book — Hurst post-1970
Phasing analysis Phasing analysis
FLD FLD — Future Line of Demarcation
Eight principles (course) The eight principles of the cyclic model

Post-1970 path →

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