Understanding Market Cycles: Lessons 1,2 & 3

Understanding Market Cycles: Lessons 1,2 & 3
by J.M. Hurst

Book Description: CycliTec Services, Marshalltown, IA, 1973. Hardcover. 4to - over 9¾ - 12" tall. 3 Ring Binders, Yellow covers with brown screened "CycliTec Services" logo to covers and spines, Spines also denote lesson 1, 2 and 3 to the corresponding volumes. Includes 3 audio cassettes, one for each lesson, (due to the age of the cassettes, it's possible they no longer function - fortunately the script for each cassette is provided in print for each lesson so no content is lost if the cassettes don't function). Numerous fold-out charts. No dust jacket.

Book Condition: Good, binder exteriors are rubbed and extremely soiled, but contents are fairly clean with the exception of some light soil and light tanning.

Contents: LESSON NO 1: How Price Action Works, Preface, Section 1: Introduction, Cyclic Concepts, Commonality and Cyclicality, Price Waves, Section 2: A Cyclic Trade, Section 3: The Factors and Principals Involved, The Wave, Summation, Waves in Price Action, Harmonicity and Syncronicity, Proportionality and Nominality, Variation, Summary, Glossary, Self-Examination, Cassette Script, (Lesson 1 is 65 pages)

LESSON NO 2: From Cyclic Concepts to Trading Decisions, Section 1: Review and Introduction, Section 2: Taking the Uncertainty Out of Trend, Section 3: The Concept of a Valid Trend Line, Section 4: Valid Trend Line Use, Section 5: FLD's - Are Related to Waves, Section 7: How FLD's Relate to Price Movement, Section 8: More Information from Multiple FLD's, Section 9: Action Signals, Stop-Loss Levels, and Potential Risk Ratios, Section 10: A Cyclic Trade Re-Visited, Summary, Glossary, Self-Examination, Self-Examination Answers, Cassette Script, (Lesson 2 is 83 pages)

LESSON 3: 1. Review, 2. Introduction, 3. The Cyclic Model Concept Revisited, 4. The Periodogram Concept, 5. The Price Movement Periodogram and Initial Cyclic Model, 6. Some Features of Cyclitec Stock and Commodity charts, 7. Trough location by FLD's in Past Time, 8. Introduction to Phasing Analysis, 9. Entering a Phasing Analysis, 10. Extending a Phasing Analysis, 11. Completing a Phasing Analysis, 12. Considerations Affecting Phasing Analysis, 13. Extracting Information from a Phasing Analysis, 14. Conclusion, Summary, Glossary, Self-Examination, Self-Examination Answers, Cassette Script, Lesson 3 is 141 pages.

Note: Although the author's name does not appear in print, J.M. Hurst both founded Decision Models, Inc. and CycliTec Services in addition to creating the course-work and teaching his theories through CycliTec Services in the 70's. This is a rare copy of the first three lessons, there were 11 produced in the series. (Oversized, additional shipping chargers will apply, please contact me for an accurate shipping quote).

Status: SOLD 28 March 2012 to Private Collector in TX.