How Charts Can Help You in the Stock Market (Fraser Contrary Opinion Library Book) [Paperback]

William L. Jiler (Author)

Book Description

Series: Fraser Contrary Opinion Library Book | Publication Date: December 1990

This book was first published in 1962 with several printings through 1968. It was the first book written on the how, why and wherefore of chart analysis presented in clear and understandable terms. Jiler was the president of Trendline, a division of Standard and Poor's when he wrote this. 63 Charts.

Editorial Reviews

From the Back Cover

The Classic Introduction to Technical Analysis, with Valuable Strategies for All Investors and Traders

How Charts Can Help You in the Stock Market has shown two generations of investors how to use the tools of technical analysis to better time their buys and sells, and improve their overall trading performance. First published in 1962, it was the first book to provide plain-English explanations of the how and why behind technical analysis, and remains a necessary reference for traders regardless of their skill or experience.

This newly reprinted edition features every trading tip, insight, and chart, unchanged and exactly as they appeared in the original. Let it provide you with:

• Guidelines for gaining commonsense insights from complex charts and diagrams
• Easy-to-understand definitions of charting topics and terminology
• Examples and explanations of timeless configurations, patterns, and formations

How Charts Can Help You in the Stock Market is as straightforward and easy-to-understand as its title. It will show you how to use technical indicators to get the best price on all of your buys and sells, and make charting an essential and profitable component of your everyday investing and trading arsenal.

Praise for How Charts Can Help You in the Stock Market:

"If you take the greatest hits out of Edwards and Magee's Technical Analysis of Stock Trends, you're left with the Jiler book. I'd still read both, but start with this one, as you won't get frustrated from the get-go."

--TheStreet.com

"Claiming to be a 'long-term investor,' or a 'buy and holder,' is no excuse for ignorance of how charts can help you in the markets. Charts are not just for traders; any long-term investor can benefit by recognizing the patterns illustrated and explained in this book."

--Paul Cherney

Chief Market Analyst, Standard & Poor's

From the Foreword

To most investors, technical analysis is little more than incomprehensible smoke and mirrors. What is lost in all of the confusion and misinformation is that, when used correctly, technical analysis and charting can be relatively easy to understand and apply--and have been proven to significantly reduce the risks of investing and trading.

How Charts Can Help You in the Stock Market is all about using charts correctly.

Written over 40 years ago by William Jiler, former president of the Commodity Research Bureau, founder of the influential CRB Futures Price Index, and a longtime fixture at Standard & Poor's Trendline, this important volume features 17 chapters that cover the basic elements and formations of charts and charting, including:

• Trends
• Support and Resistance
• Head and Shoulders
• Double Tops and Bottoms
• Line and Saucers Formations
• V Formations
• The Measured Move
• The Coil
• Continuation patterns
• Reversal Days, Gaps, and Islands
• Moving Averages
• And More

"Fortunately, it's not necessary to be right all of the time to make money in the stock market. It's only necessary to be right more often than you are wrong.

"How can one find such an edge in the stock market? Certainly, sound, thorough information about a company, its industry and the economy is valuable. But a knowledge of the stock's chart action, and a familiarity with chart patterns, will help the investor decide when to buy and when to sell..."

--From Chapter 1

Rare is the book on today's increasingly crowded traders' bookshelf that can be considered a classic. Rarer still is the book that, over four decades beyond its introduction, is still as fresh and vital as the day it was first printed.

How Charts Can Help You in the Stock Market is just such a book. Reprinted for a new generation of investors and traders, its commonsense guidance and trading wisdom will once again make it essential reading for every serious investor.

William L. Jiler is the former president of the Commodity Research Bureau, Inc., which was founded by his brother Milton in 1934, and was the originator of the CRB's Futures Chart Service and Trendline Chart Service. He also developed the CRB Futures Price Index, which instantly became the dominant index of overall price activity in the commodities market and, 45 years after its introduction, remains the integral benchmark for measuring global commodity price movement.

--This text refers to the Hardcover edition.

About the Author

William L. Jiler is the former president of Commodity Research Bureau, Inc., and was a longtime fixture at Standard & Poor's Trendline. Jiler created the CRB Futures Price index, which remains the global benchmark for measuring commodity price movement.

--This text refers to the Hardcover edition.

Product Details

• Paperback: 202 pages
• Publisher: Fraser Pub. Co. (December 1990)
• Language: English
• ISBN-10: 0870340972
• ISBN-13: 978-0870340970
• Product Dimensions: 8.8 x 6.1 x 0.7 inches
• Shipping Weight: 12 ounces
• Average Customer Review: 4.1 out of 5 stars  See all reviews (19 customer reviews)
• Amazon Best Sellers Rank: #618,775 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

77 of 78 people found the following review helpful:

5.0 out of 5 stars I've owned this book for 18 years, December 28, 1999

By 

Wilton Ray Purvis - See all my reviews

This review is from: How Charts Can Help You in the Stock Market (Fraser Contrary Opinion Library Book) (Paperback)

My broker gave me a used hard-back copy of this book in 1981. I still have the book, and he's still my broker. I have probably read it 6 or 8 times, and I use it for reference on a regular basis. Until I discovered that it was not out of print, and was in fact available at Amazon.com, I considered my copy valuable and guarded it as such.

I have found it to be a very simple and straight forward explanation of the predictability and repeatability of the behavior of stock traders. I guess a study of traders in financial markets is timeless, as this book is filled with charts of stocks during the late 1950's and early 1960's. Charting patterns and formations haven't changed since then, and probably never will.

I attribute most of my investing success to this book, and consider it a must for ALL traders and investors.

90 of 93 people found the following review helpful:

5.0 out of 5 stars Chart Analysis Overview....., May 25, 2000

By 

jgkimo - See all my reviews

Amazon Verified Purchase

This review is from: How Charts Can Help You in the Stock Market (Fraser Contrary Opinion Library Book) (Paperback)

Great book for beginning investors concerned about the TA side investing. I have owned this book for years and still find myself referring back to it on a constant basis. If you follow the market using charts or would like to start then this book is a must. It is extremely informative on the different techniques, formations and patterns to examine when reading charts. It is easy to follow and the examples are very descriptive. It does not get to technical, yet it maintains a clear, concise & knowledgeable approach to the various explanations. This book has unquestionably broadened my horizons & guided my investing success.

67 of 68 people found the following review helpful:

5.0 out of 5 stars Superb book starting from ground-zero. Time-proven approach, December 24, 1998

By A Customer

This review is from: How Charts Can Help You in the Stock Market (Fraser Contrary Opinion Library Book) (Paperback)

This book is not only an excellent resource for beginner investors, but also a great review and tool for those more experienced. Originally written in the '60's, this book has stood the test of time due to its clarity and usefulness. The explanations are very easy to understand. The best part of this book are the many charts that clearly identify the patterns discussed. The system offers a "sell philosophy" as well, something that most other investment systems and news services do not (effectively) offer. Chapter's 8-11 get a little esoteric, and I recommend them only for those really into Chartology. But don't forget the end of the book, as some of the best material is in Chapters 12-17. His explanation of the 200-day moving average is beautiful. I've given this book to many people as a gift and I keep a copy of it for reference.