DislikedParisboy & Dave Over the last several days I have been reading over the pdf's relating to MM & all the others you have posted relating to trading. For what its worth the following are my views, but I am certainly not an expert in these matters, or nowhere near as proficient as you guys. I want to start off with the Envelopes. Out of everything being discussed on this thread for me the Envelopes & FLD's are the most interesting & I am using these & trying to understand each one. I think it was Swede that said something about once you have them correctly...Ignored
Well Ace I do not believe that Hurst was a "genius"
Hurst has inherited of all the researches done by the members of the FSC - Foundation for the Study of Cycles - created before WWII by Edward Dewey with the help of FD Roosevelt.
as I have already written for example The Principle of Synchronicity was emphasized by Dewey himself under the name of Synchrony.
or the use of the Term Cluster of Cycles (Dewey) instead of Nest of Lows (Hurst)
Hurst has NEVER acknowledged what he owed to his predecessors of the FSC
None of the members of the FSC is listed in the Bibliography of his first Book on Cycles " Profit Magic"
Hurst's main contribution is not on Cycles or Cyclical Analysis, it is on the field of Analyzing and TRADING concretely the markets with the help of Cycles and related Cyclical tools
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