Letters To S&C  |  JUL 1999

V.17:7: Letters

WYCKOFF METHOD USEFUL Editor, I recently finished reading your wonderful book, Charting The Stock Market: The Wyckoff Method, and am send-ing this letter to thank you for publishing it and for making it available at a very reasonable cost. Economy isn’t everything, but in this arena, spending hundreds of dollars for books and products, replete with appeals to human greed and promises of ease of gain, is not uncommon. I also appreciate the fact that your book consistently states that this method offers no magic formula or indicator, but rather presents itself as an aid to navigation of the market. I’ve found that this study of market behavior has helped me to evaluate the validity of various technical indicators, and how they might be used in conjunction with one another to develop high-probability trading setups. With further testing, I might discover easier combinations of studies.

by Technical Analysis, Inc.