There are no gurus. Only cycles.

37 years in markets: from the famous Drexel Burnham office in Beverly Hills, to his father Jack's hedge fund, to creating the Hit and Run methodology and two books in the late 1990s.

Time is more important than price

"The difference between success and failure in trading is the difference between one man knowing and following fixed rules and the other man guessing."

JEFF COOPER

Macro has too many parameters for anyone to get it consistently right on every time frame. The charts are the only real edge in a world of algomatics gone wild.

On Wall Street the bromides are that "price is truth" and "only price pays." Yes, but price is a function of time. The news breaks with the cycles, not the other way around.

Our analysis integrates Time & Price with the Square of 9 Time & Price Calculator, 3 Day and 3 Week Charts, and an arsenal of proven patterns. Whether we like it or not, as traders we are all in the pattern recognition business.

Speculation is observation: pure and experiential. Thinking isn't necessary and often just gets us in trouble.