| Have you ever struggled to make sense out of a | | | | authored The Art of Contrary |
| stock chart? All those squiggly lines thatsupposedly, | | | | Thinking which, I believe, is out of print, to be the |
| to the anointed, divine the future course of a stock? | | | | father of "the theory ofcontrary opinion", which is |
| Well, you're not alone. | | | | practiced by many successful market traders and |
| I've recently run across a copy of an old (1931) | | | | investors. |
| classic, which I had thought to be outof print, written | | | | Although new conditions will arise and legions of yet |
| by Humphrey B. Neill titled Tape Reading and Market | | | | unborn generations of the tradingpublic will appear, |
| Tactics. | | | | the old cycle of rallies and reactions will continue to |
| This book, in my opinion, is the best book ever | | | | roll on. |
| written on not only how to read the tape,but also | | | | Not for nothing is the old Wall Street truism, "Money |
| how to figure out what's going on behind the | | | | never leaves Wall Street, itjust changes hands." |
| numbers. | | | | Neill advocated studying the trading tactics of the |
| Full of charts and graphs, Tape Reading and Market | | | | masters, paying ones dues, andalways be aware of |
| Tactics not only tells allabout the mechanics that | | | | what the crowd was thinking and doing. History |
| drive price action, it also contains excellent sections | | | | reveals the crowdis always wrong when it is most |
| onhuman nature and speculation. | | | | important to be right. |
| I've always considered Humphrey B. Neill, who also | | | | |