Monday, 12 November 2012

The Profit Magic Of Stock Transaction Timing

Some said this is a true held in high esteem by serious technician that gives valuable guidance on the use of cycles... Some said this is the original source of research on various technical analyses such as moving average, envelopes, etc... Some said J.M. Hurst is simply the genius in cycle calculation... After reading through the whole book, I think I am not right one to comment on this. Reason? I actually did not absorb well on the knowledge of the said "magic", LOL.

To me, this is a tough book to digest. After all, it is a "magic" as according to the author. As such, I found myself understand some, yet confusing at some... End of the day, the most difficult thing is; I cannot verify the validity of the said "magic". Well, it could turn out to be one of those technical analysis stuff; where it works at times, but surely not all the times... Even when I browse through the said information via google, I found very little details on it. In fact, I think there was a course being presented by the author many years ago. With that course, perhaps I can have a clearer understanding on what I read.

Since I mentioned that I understand some, while completely confuse on some; I think I am not the right person to rate this book. However, I do not see myself wasting time on reading this. At least I know something new.. and at least, I know there is still something for me to explore further... End of the day, raising right question is awakening; getting its answer is stimulating... But, nothing better than the best is finding the right answer to the right question. 

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