Download Behavior of Prices on Wall Street eBook
by Arthur A. Merrill
Merrill's Behavior of Prices is an excellent work on the subject.
Merrill's Behavior of Prices is an excellent work on the subject. This book concentrates on the profitable study of timing. The author has found the market to be similar to a warped roulette wheel. At certain predictable times, it has a definite bias upward; at other predictable times, the inclination is downward. Merrill showed that the odds of a higher-price close on the day before major . holidays were not only very high but also statistically significant.
Along with Yale Hirsch, late Arthur Merrill is one of the most prominent stock market statisticians ever to practice the craft in the market. This classic book should be studied by ALL stock market technicians and traders alike.
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Based on this simple but substantial base, the book presents and examines charts for every bull and bear market since 1898; it presents charts for the life expectancy of rallies and secondary reactions.
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The market will be found be found to behave with the characteristics of a warped roulette wheel". This is of six hundred numbered, autographed and hand-bound copies.
Merrill’s Behavior of Prices is an excellent work on the subject.
Are you sure you want to remove Behavior of prices on Wall Street. from your list? Behavior of prices on Wall Street. by Arthur A.
Sometimes it’s good to go back to basics. Arthur Merrill, the author of Behavior of Prices on Wall Street, compared the market to a warped roulette wheel. It has a bias and often tips its hand. One way it does this is graphical, in the relation of swing legs to one another. John Bollinger brought Merrill to the attention of the online world some years ago when he posted Merrill’s 16 W and 16 M patterns. These patterns, of course, all have four legs, but they differ in their message to traders. They’re a one-page Cliff Notes for pattern traders.