Studies in Tape Reading
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In our eReader you can find the full English version of the book. Read Studies in Tape Reading Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Studies in Tape Reading
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(2) The dem- onstration in Reading may have been —67— Tape Reading intended to distract attention from other stocks in which large operators were unloading. (There is no special evidence of this, except in New York Central. ) If the selling is not sufficient to check the upward move, the market for Reading will absorb all that is of- fered and advance, now or later, to a higher level, but in this case the selling A Check was more effectual than the buying, to Reading an d Reading fell back, war...ning the operator that the temporary leader on the bull side of the market had met with defeat.
If a stock or the whole market can- not be advanced, the assumption is that it will decline — a market seldom stands still. At this point the operator was, therefore, on the lookout for a slump.
Reading subsided, in small lots, back to 143%. Union Pacific, after selling at 183^, declined to 183%. Both stocks developed dullness, and the whole market became more or less without feature.
Suddenly Union Pacific came 183%.
What to read after Studies in Tape Reading?
You can find similar books in the "Read Also" column, or choose other free books by Richard Demille Wyckoff to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(2) The dem- onstration in Reading may have been —67— Tape Reading intended to distract attention from other stocks in which large operators were unloading. (There is no special evidence of this, except in New York Central. ) If the selling is not sufficient to check the upward move, the market for Reading will absorb all that is of- fered and advance, now or later, to a higher level, but in this case the selling A Check was more effectual than the buying, to Reading an d Reading fell back, war...ning the operator that the temporary leader on the bull side of the market had met with defeat.
If a stock or the whole market can- not be advanced, the assumption is that it will decline — a market seldom stands still. At this point the operator was, therefore, on the lookout for a slump.
Reading subsided, in small lots, back to 143%. Union Pacific, after selling at 183^, declined to 183%. Both stocks developed dullness, and the whole market became more or less without feature.
Suddenly Union Pacific came 183%.
What to read after Studies in Tape Reading?
You can find similar books in the "Read Also" column, or choose other free books by Richard Demille Wyckoff to read onlineMoreLess
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