Book : Behavior of Prices on Wall Street
This classic book is the definitive guide to the behavior of stock prices. Traders Press is the only known source for this book, which will be of value and interest to all serious traders. Originally published in the 1960s, we have the second revised edition (1984). Full of charts (a picture is worth a thousand words) and information, you will learn an amazing amount of information about how stock prices behave from this classic, one-of-a-kind book. A look at the chapter headings below illustrates the wide range of conditions and situations covered by Art Merrill’s exhaustive research. Get your copy at our special sale price while our limited supply lasts! Stan Weinstein in his classic, (Secrets For Profiting …) says: “There are few market patterns that occur with such unbelievable regularity that you must become aware of them … No one, to my knowledge, has engaged in more in-depth research (in this area) than Arthur Merrill. 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. A knowledge of this bias is useful to long-term as well as short-term investors in the improvement of buying and selling prices. The text is addressed to non-mathematical investors, and includes all of the suggestions for profit. In addition, serious students will find useful material in the appendixes. The pioneering work of Art Merrill in his classic book, The Behavior of Prices on Wall Street, clearly demonstrates the statistical reliability of pre-holiday behavior in the Dow Jones Industrial Average. Merrill showed that the odds of a higher-price close on the day before major U.S. holidays were not only very high but also statistically significant.