Tuesday, March 1, 2011
Mesa and Trading Market Cycles by John F. Ehlers
Mesa and Trading Market Cycles
by John F. Ehlers
Book Description: John Wiley & Sons Inc, Somerset, 1992. Hardcover. 1st Edition. 8vo - over 7¾ - 9¾" tall. Hardcover, Black cloth boards with gilt title to spine.
Book Condition: Fine, no signs of wear, appears as new.
Dust Jacket Condition: Very Good, slightes hint of tanning to inside tabs, otherwise in perfect condition, no wear to edges, corners or spine.
Contents: MESA (Maximum Entropy Spectral Analysis) - This practical book first validates the existence of market cycles by using analogies to physical phenomena and direct measurement. It then profiles the basic characteristics of cycles, and fully describes traditional moving averages, momentum functions, and indicators from the cyclic perspective. From here, the author focuses on MESA, explaining how it works, how it compares to Fast Fourier Transform, and how traders can use it's high resolution spectral estimates to consistently pinpoint and exploit market cycles and trends. 140 Pages.