Richard W. Schabacker
"Establishing the Patterns.
The following lessons offer as complete a picture as possible of the more important patterns, rules and practices, connected with this field.
The science of chart reading, however, is not as easy as the mere memorizing of certain patterns and pictures and recalling what they generally forecast.
Any general stock chart is a combination of countless different patterns
and its accurate analysis depends upon constant study, long experience and knowledge of all the fine points, both technical and fundamental,
and, above all, the ability to weigh opposing indications against each other,
to appraise the entire picture in the light of its most minute and composite details
as well as in the recognition of any certain and memorized formula."
"Establishing the Patterns.
The following lessons offer as complete a picture as possible of the more important patterns, rules and practices, connected with this field.
The science of chart reading, however, is not as easy as the mere memorizing of certain patterns and pictures and recalling what they generally forecast.
Any general stock chart is a combination of countless different patterns
and its accurate analysis depends upon constant study, long experience and knowledge of all the fine points, both technical and fundamental,
and, above all, the ability to weigh opposing indications against each other,
to appraise the entire picture in the light of its most minute and composite details
as well as in the recognition of any certain and memorized formula."
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