For generations, technical market analysts have relied on the Wyckoff methodology for understanding worth/quantity interactions–a breakthrough method created by Richard D. Wyckoff, one of the most influential merchants in inventory market historical past. More just lately, many technical analysts have additionally utilized the Lowry Analysis, an exceptionally highly effective method to understanding the forces of provide and demand which are the place to begin for all macro-analysis.
Now, for the first time, two leaders at Lowry Research talk about methods to mix these strategies. Drawing on greater than 45 years of expertise as technical analysts, Richard A. Dickson and Tracy Knudsen introduce a uniquely highly effective, goal, and quantifiable method to making use of conventional worth/quantity evaluation. By understanding their methods, traders can achieve insights unavailable by way of different technical methodologies, and uncover refined indications of rising development shifts earlier than different strategies can reveal them.
From the Back Cover
“Dickson and Knudsen have given us an easy guide on the confirmed methods of two giants in the discipline of Technical Analysis: L.M. Lowry and R.D. Wyckoff. This is a transparent exposition about methods to determine the main traits and methods to revenue by them. They take the ‘fear and greed’ away and depart goal guidelines. For instance, Dickson and Knudsen clarify ‘90% up days’ and ‘90% down days,’ an indicator lengthy attributed to the Lowry service. The notion of ‘operating company breadth’ and the share of shares above their 30-week shifting averages, regularly talked about in the Lowry service, are fleshed out. Tops and bottoms are processes; the e book explains the evolution of tops and bottoms, utilizing the main swings in the first decade of the 21st Century for examples. The Wyckoff notion of ‘cause and effect’ is detailed utilizing Point & Figure charts. I like to recommendMastering Market Timing for professionals attempting to outperform their benchmarks and people attempting to spice up the returns of their IRAs and 401ok’s.”
–Philip J. Roth, CMT, Chief Technical Market Analyst, Miller Tabak + Co.; three-time previous President of the Market Technicians Association
“Combining the knowledge, skill, and forecasting ability of legendary stock market analysts Richard D. Wyckoff and Lyman M. Lowry into a systematized market-timing model, Dickson and Knudsen have produced a landmark book that is useful not only to market historians, but also to those wishing to follow in the footsteps of the aforementioned masters.”
–Charles D. Kirkpatrick, Kirkpatrick & Company, Inc.; co-author of Technical Analysis: The Complete Resource for Financial Market Technicians, Second Edition
“Mastering Market Timing offers the ‘market timing doesn’t work!’ delusion a mortal blow as Dickson and Knudsen mix–for the first time–the decades-old and oft-validated methodologies of market legends L.M. Lowry and Richard D. Wyckoff to elucidate how main inventory market tops and bottoms are shaped. Serious traders are taught methods to acknowledge main tops and bottoms in the inventory market as they unfold and thereby considerably enhance their long-term returns. Mastering Market Timing is destined to turn into a useful reference to assist traders determine future main tops and bottoms.”
–Walter Deemer, “Walter Deemer’s Market Strategies and Insights” and President, DTR Inc.
“Richard A. Dickson and Tracy L. Knudsen deserve high-fives and extra kudos for making a significant and distinct contribution to the understanding and the application of the Wyckoff Method of technical market analysis…In my quest to understand the essence of Wyckoff, I frequently became stymied by the ambiguity of simple bar charts of price and volume when trying to decipher the relative impact of demand vs. supply in a given price action. But now, thanks to this book by Dickson and Knudsen, the separate measurements of demand and supply using Lowry’s indicators of Buying Power and Selling Pressure offer the breakthrough I’ve needed. I now have the deeper, clearer, more efficacious grasp on the Wyckoff Method that I’d been seeking.”
–Henry O. (Hank) Pruden, PhD., Professor of Business and Executive Director of the Institute for Technical Market Analysis in The Ageno School of Business, Golden Gate University, San Francisco; writer of The Three Skills of Top Trading
For generations, technical analysts have relied on the Wyckoff methodology for understanding worth/quantity interactions, first created by Richard D. Wyckoff, one of the world’s main inventory merchants. More just lately, many have additionally utilized the Lowry Analysis, an exceptionally highly effective method to understanding the forces of Supply and Demand. Now, two leaders at Lowry Research present methods to mix these strategies right into a single, easy-to-use method for optimizing any long-term investing resolution.
Drawing on greater than 50 years of expertise as technical analysts, Richard A. Dickson and Tracy L. Knudsen enable you to uncover insights and determine rising development shifts that different technical methodologies merely can’t reveal. They clarify every idea clearly and easily, with lifelike examples–making this e book invaluable to a variety of traders, together with these with out robust technical evaluation expertise or mathematical coaching.
Wyckoff + Lowry: deeper insights, increased earnings
Combine two of the world’s greatest technical evaluation methodologies
Springs, shakeouts, upthrusts, and extra
Confirm the preliminary indicators of altering traits
How raging the bull? How unhealthy the bear?
Predicting the extent of market upturns and downturns
Putting all of it collectively
Walking by way of the evaluation course of, from begin to end
About the Author
Richard Dickson is a Senior Vice President at Lowry Research and Director of Research for the Domestic and Global variations of Lowry’s main product, Lowry on Demand. He additionally chairs the Research Committee for Lowry Capital Management. Dick has been a technical market analyst for greater than 30 years. Prior to becoming a member of Lowry in 2002, Dick was Senior Technical Equity Strategist at two main regional brokerage corporations.
Dick is a frequent contributor to many radio and tv exhibits, and his phrases are seen usually in newspaper and monetary publications. Dick has served on the Board of Directors of the Market Technicians Association, first as Education Chair and later as Treasurer. He additionally served on the Board of Directors of the MTA Educational Foundation. In 1995, as head of the Market Technicians Association’s Educational Committee, he initiated and taught the first full-credit course on technical evaluation at the college stage in the United States. In 1997, Dick acquired the MTA’s “Best of the Best” award for his work in training. Dick is presently a member of AAPTA (the American Association of Professional Technical Analysts). He is a graduate of Principia College (BA) and the University of Virginia (MA).
Tracy Knudsen, Chartered Market Technician (CMT), has been a market technician for 17 years. She presently holds the positions of Senior Vice President of Research at Lowry Research Corporation and Assistant Portfolio Manager at Lowry Capital Management. Prior to becoming a member of Lowry’s, Tracy held the place of Senior Market Strategist at Candlecharts.com and, previous to that, Senior Technical Analyst at Stone & McCarthy Research Associates.
Tracy has been quoted in main monetary publications and written articles for the journal Stocks, Futures, and Options in addition to Technical Analysis of Stocks and Commodities. Tracy has additionally appeared on Bloomberg Radio’s afternoon program, Taking Stock. Tracy is a member of each the Market Technicians Association and the American Association of Professional Technical Analysts, the place she has served on the board of administrators.