Lindsay’s Aid To Timing by Ed Carlson
The Methods Of The Man
George Lindsay made some significant contributions to
technical analysis, yet we often don’t hear about him or his
work. Here’s a look at his methods and how they can be
applied in today’s markets.
Although unfamiliar today, analyst George Lindsay was
well known in his time (1950s to 1970s). He never
wrote a book about his unusual and unique market
timing methods, so the books I wrote about Lindsay and his
techniques are the result of cobbling together information
from his old newsletters, all of which are at least 40, 50, and
even 60 years old. Someone once referred to my work about
him as my “journey with Lindsay.” It’s true! It has been a
learning experience finding and reading his newsletters in
order to understand what he was doing that enabled him to
forecast market highs and lows months in advance and often
to the very day. I am indebted to those who shared those
newsletters with me.
During the writing of my first book, George Lindsay And
The Art Of Technical Analysis, I often found Lindsay making
references to his 1950 paper, “An Aid To Timing.” It wasn’t
until after my book was published that chartist Sam Hale sent
me a folder of old Lindsay newsletters he had kept for decades.
There in that folder was the missing paper.
In Lindsay’s seminal paper, published in 1950, he laid out
the framework. The basic cycles are used to determine from which lows in the market the basic
movements are counted. In my latest
book, An Aid To Timing: The Annotated
Edition, I have reproduced the entire
paper in order to preserve it for history.
I have added annotations to the text in
order to better explain what Lindsay
When it comes to George Lindsay,
even though he devised numerous and
more rigorous trading methods, most
people are preoccupied with his bestknown
model, three peaks and a domed
house. The real magic lies with his standard time spans and,
as I discovered, the basic cycles.