Richard W Schabacker's great work, Technical Analysis & Stock Market Profits represents one of the finest works ever produced on Technical Analysis. It is as alive, vital and instructional today, as the day it was written.
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Richard W. Schabacker achieved his financial fame in the 1920's and 1930's first as Financial Editor of Forbes and later as Editor of the Annalist, a weekend section of the New York Times. During this time he also authored three books: Stock Market Theory and Practice, 1930; Technical Analysis and Stock Market Profits, 1932; and Stock Market Profits, 1934.
Richard W. Schabacker's great work, Technical Analysis & Stock Market Profits, is a worthy addition to any technical analyst's personal library or any market library. His "pioneering research" represents one of the finest works ever produced on Technical Analysis. And this book remains an example of the highest order of analytical quality and incisive trading wisdom.
Originally devised as a practical course for investors, it is as alive, vital and instructional as the day it was written, and its evident excellence of intricate technical revelation makes the effort to bring it back to the analytical community worldwide.
Richard W. Schabacker has presented Technical Analysis as a totally organized subject and comprehensively lays out the various important patterns, formations, trends, support and resistance areas, and associated supporting technical detail. He presents factors that can be confidently relied on, and gives equal attention to the blemishes and weaknesses that can upset the best of analytical forecasts. Factors which investors would do well to absorb and apply when undertaking the fascinating game of price, time and volume analysis.
The Trader's Masterclass series brings to the market a set of classic texts from the "golden age" of technical analysis — timeless trading wisdom, laying the foundations on which a growing body of investment literature has been built.
THese original works from the pioneer of Technical Analysis contain uniquely insightful lessons, winning formulas and trading tactics than can be put to use in any market, at any time. Generations of investors may come and go, but the nature of speculation remains the same. For investors and market-students alike, these masters represent the original formulas for trading success.
"Today's technician has all the modern computer methods of interpreting price and buying trends. No matter how sophisticated they get, all technicians must get back to basics and there is no finer way of reviewing those time-honored technical principles, rules and precepts than with the original version of Schabacker's Technical Analysis and Stock Market Profits."
—Noted Wall Street Technical Analyst, Ralph Acampora
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