Technical Analysis and Stock Market Profits: The Real Bible of Technical Analysis (Traders' Masterclass) (Paperback)

by Richard Schabacker (Author)

Editorial Reviews

Review
Picking up where Charles Dow left off, Richard Schabacker achieved fame in the 1920's and 1930's with his seminal work in technical analysis, which he said was capable of finding "dependable profits in the stock market, year in and year out." Students of his work went on to build technical analysis into the refined discipline it is today. This handsomely illustrated reproduction of Schabacker's landmark study of 1932 is a chartist classic. -- Markets, July/August 1998

The Information is as solid today as when it was written more than 50 years ago. This book is a large part of the foundation of technical analysis as we now know it. -- Technical Analysis of Stocks & Commodities, April 1998

Product Description
This classic is the foundation on which technical analysis is built.

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Product Details

• Paperback: 470 pages
• Publisher: Financial Times/Prentice Hall; 1ST edition (April 25, 1998)
• Language: English
• ISBN-10: 0273630954
• ISBN-13: 978-0273630951
• Product Dimensions: 9.2 x 7.5 x 1.3 inches
• Shipping Weight: 1.8 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #4,543 in Books (See Bestsellers in Books)

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Customer Reviews

Most Helpful Customer Reviews

14 of 14 people found the following review helpful:

4.0 out of 5 stars Epic for its time, July 18, 2003

By A Customer

The ironic thing is, you couldn't tell it was written in 1932 or 2002 .. the techniques are identical to basic TA today , even the psychology section about cutting losses and trading with the trend sound familiar. Certainly revolutionary when it came out, it's somewhat dated now and a bit wordy. Anyone familiar with chart patterns - h&s, wedges, flags, triangles, trendlines will likely find nothing new in this book. Also, the explanations are a bit wordy .. though I suspect this was necessary when no one was familiar with it. I give it 3 stars for content and another for the fact that it was written in 1932. However, an advanced trader will find this book useless other than for sentimental curiosity.

14 of 14 people found the following review helpful:

4.0 out of 5 stars Gotta Start Somewhere, August 9, 2000

By	Eddie Arabaci (N. Fort Myers, Fl USA) - See all my reviews

Very good and thorough. If you've had no technical analysis experience, this won't go over your head, and it won't bore you to death if you're somewhat familiar. Somewhat out of date in that it was written in the 30's, but the charts and formations it highlights are eerily valid, relevant, and applicable today as it was back then so you KNOW it's been time tested. Stocks don't chart any differently today than they did back then. Advanced technicians wouldn't like it...doesn't go into the "data" side of technical analysis as in ADX, MACD, RSI,...etc. But about a good a starting point as you're going to find. A great foundation builder.

19 of 21 people found the following review helpful:

4.0 out of 5 stars Technical Analysis, July 30, 2000

By A Customer

Do you want to know how everything started ? Do you want to know why this silly "Technical Analysis" really works ? Well, this is the right way to start. Do not believe in these new computer intraday graphs that stockbrokers try to push to you until you really knows how technical analysis really works. You may be a hero to them (who earn comissions on your trade)but your wife will probably hate you for losing your house.Please, learn how everything begin before you start trading in the market