|  JAN 1991

A Wyckoff Guide for Investors and Speculators by Craig F. Schroeder

A Wyckoff Guide For Investors And Speculators by Craig F. Schroeder The Wyckoff method as it is taught today represents the results of more than 100 years of continuous market study. Those years have brought the development of numerous refinements and a variety of applications. The basic building blocks of the approach, however, have remained the same. The ability to stand the test of time in a field where techniques come and go as regularly as the seasons makes a working knowledge of the method a worthwhile undertaking for all serious investors and speculators. In his course in stock market science and technique, Richard D. Wyckoff stated the basics of his method in five steps. These five building blocks are as follows: Step 1: Determine the present position and probable future trend of the market. Then decide how yon are going to play the game: long, short or neutral. Step 2: Select from those stocks in harmony with the market the ones stronger than the market in a bull market. In a bear market, select those that are weaker than the market. Step 3: Select those stocks that have built up a cause, a potential count for a move using point & figure charts. ...

by Craig F. Schroeder