Wow! eBook
Technical Analysis of Stock Trends 10th Edition
Author(s): Robert D. Edwards (Author), John Magee (Author), W.H.C. Bassetti (Author)
- Publisher: CRC Press
- Publication Date: 28 Nov. 2012
- Edition: 10th
- Language: English
- Print length: 624 pages
- ISBN-10: 1439898189
- ISBN-13: 9781439898185
Book Description
Sixty-three years. Sixty-three years and Technical Analysis of Stock Trends 10th Editionstill towers over the discipline of technical analysis like a mighty redwood. Originally published in 1948 and now in its Tenth Edition, this book remains the original and most important work on this topic. The book contains more than dry chart patterns, it passes down accumulated experience and wisdom from Dow to Schabacker, to Edwards, and to Magee, and has been modernized by W.H.C. Bassetti.
Bassetti, a client, friend, and student of John Magee, one of the original authors, has converted the material on the craft of manual charting with TEKNIPLAT chart paper to modern computer software methods. In actuality, none of Magee’s concepts have proven invalid and some of his work predated modern concepts such as beta and volatility. In addition, Magee described a trend-following procedure that is so simple and so elegant that Bassetti has adapted it to enable the general investor to use it to replace the cranky Dow Theory. This procedure, called the Basing Points procedure, is extensively described in the new Tenth Edition along with new material on powerful moving average systems and Leverage Space Portfolio Model generously contributed by the formidable analyst, Ralph Vince., author of Handbook of Portfolio Mathematics.
See what’s new in the Tenth Edition:
- Chapters on replacing Dow Theory
- Update of Dow Theory Record
- Deletion of extraneous material on manual charting
- New chapters on Stops and Basing Points
- New material on moving average systems
- New material on Ralph Vince’s Leverage Space Portfolio Model
So much has changed since the first edition, yet so much has remained the same. Everyone wants to know how to play the game. The foundational work of the discipline of technical analysis, this book gives you more than a technical formula for trading and investing, it gives you the knowledge and wisdom to craft long-term success.
Editorial Reviews
Review
“The 9th edition also contains some ‘jewels’ developed from Magee’s work, Basing Point analysis and risk management, as well as additional material demonstrating the power of chart analysis in commodity trading. … I am pleased to recommend this edition to new readers and old readers alike.”
―John Murphy, author of Technical Analysis of the Financial Markets and Intermarket Analysis
“With a focus on pragmatic portfolio theory, editor Charles Bassetti significantly contributes to the technical analysis body of knowledge especially related to tactics, and has created a book worth a space on every technician’s bookshelf.”
―Mike Carr, CMT in Technically Speaking, Market Technician’s Association
“… teaches us how to profit from chart patterns regardless of what the market is doing. This classic book on chart patterns is a must for the savvy trader.”―David Robinson, The Bull and Bear Financial Report
“Whatever you might think of technical analysis in general, and charting in particular, this book is the classic work on the subject.”
―Mark Hulbert, The Hulbert Financial Digest
“Completely updated with the latest information, this universally acclaimed investors’ classic is the definitive reference on analyzing trends in stock performance through technical analysis.”
―Yale Hirsch, Stock Traders Almanac, The Hirsch Organization, Inc.
“This book is a classic–the standard of excellence against which everything in technical analysis is measured. I am delighted to know that another generation of investors will be able to learn from this wonderful book.”
―Ralph Acampora, Prudential Securities
“The #1 all-time classic on analysis of bar charts. Many knowledgeable technicians consider this to be the best book on chart patterns ever written!”
―Edward Dobson, Traders Press, Inc.
About the Author
W.H.C. Bassetti is an Adjunct Professor of Finance and Economics at Golden Gate University in San Francisco, California.
Robert D. Edwards is a consultant in San Rafael, California.
John Magee is a Consultant in Chicago, Illinois.
