At the time this book was written, William Dunnigan had a P.O. Box at Stanford University and we believe that he was working within the University at some capacity. Much of Dunnigan’s work around this period was forecasting based on statistics and barometers. The book starts out with some notes concerning the revisions he made to his Composite Barometer due to reporting changes from the Federal Reserve Board. A table of these changes in included and provides an interesting data point from July 1930 as it prints Dunnigan’s 12 month forecasts and the actuals up to July. 

In presenting this treatise the writer seeks to accomplish a two-fold purpose: On the one hand, this booklet is concerned with a presentation and examination of a forecasting method which would have successfully predicted, had it been available since January 1920, the direction of the net monthly movement of average stock prices in 102 of the past 120 months. This forecasting method (termed “the composite barometer method”) is one result of an original investigation engaged in by the writer wherein a study was made. of the monthly movements of each of 125 series of business data as related to subsequent monthly movements of average stock prices. 

The other purpose of this treatise is to emphasize three facts which were statistically demonstrated in the writer’s research and which have, or should have , an important bearing upon any investing or trading program in the stock market. Briefly, these facts are: (1) Practically all of the popular barometers which are based upon current information (brokers’ loans, call money rates, pig iron production, freight-car loadings, etc.) exhibit absolutely no consistent relationship to the short-swings in stock prices; (2) Ultimate failure is almost certain for anyone attempting to forecast the minor movements of stock prices by one of even a few of the best barometers attempting to forecast the minor movements of stock prices by one or even a few of the best barometers, and (3) the investor or trader who believes he knows the immediate future of the market should always supplement that essential “knowledge” with either the acceptance of competent financial counsel or a personal study relative to individual stock values or opportunities. Rare, early Dunnigan publication.

Contents: Chapter I. Scope and Plan, The Value of Statistical Methods, Chapter II. The Value of Statistical Methods (Continued), The Necessity of Forecasting Average Stock-Price Movements, Chapter III. Statistical Research Reveals Common Fallacies, Chapter IV. The Composite Barometer Method.

ISBN-10: 1945574933

ISBN-13: 9781945574931

Alanpuri Trading, Los Angeles, 2012. Softcover, perfect bound, REPRINT, Selected Issues of Robert Rhea’s “Dow Theory Comment” letters from November 1932 to August 1934. These were available by annual subscription in the 1930s.

Contents: 196 pages worth of these Dow Theory Comments that include charts, graphs and observations on the general markets, sectors and selected stocks – all under the guise of Rhea’s Dow Theory. Extremely Scarce, REPRINT, 196 pages. Collectible.

Dow Theory Comment, Vol. 1 by Robert Rhea

Alanpuri Trading, Los Angeles, CA, U.S.A., 2013. Softcover, Reprint, Exact facsimile reprint of the original which was originally published 1931-34, 35 pp.

A very important work on Volume Analysis.

Contents: Introduction, The Meaning of Quotations, Statement of the Problem, Kinds of Quotations, Charting Volume of Sales, Kinds of Movement, Purpose of Classifications, Method of Weekly Highs and Lows, Explanation of Weekly High and Low Chart, Method of Classifying, Classification Table, Number of Classifications, Advances and Declines, Daily Charts, Explanation – Daily Double Reverse, Variations, Successive Variations, Extended Variations, Double Bigs, Double Littles, Weekly Double Reverse, Trading Technique and Procedure, Margin Trading, Waiting for the Big Movements, Keep Forecasts to Yourself, Where to Obtain Quotations, Making the Volume of Sales Line for “The New Technique,” Charting Volume of Sales, Interpretation, Correspondence and Explanations, A Bit of History, In A Declining Market – Reasoning It Out, Weekly Quotations. — end. 35 pp.

Rare and important title on Volume Analysis. This title appeared on Dr. Baumring’s Recommended Reading List.

A New Technique of Stock Market Forecasting by C.S. Johnson

Alanpuri Trading, Los Angeles, 2016, softcover, reprint, exact facsimile of the rare 1940 title originally published by H.M. Gartley, Inc., 114 pp.

Contents: Foreword, Basis of Understanding, Psychological Barriers, Special Abilities Required, Large Risks Involved, Fallacy of “Specific Purpose” Speculations, Planned Profits, Trading Intermediate Swings, Two Problems Involved, The Technical Approach, Per Cent Fluctuations, Only Accurate Yardstick, Selecting the Best Stocks for Speculation, Stocks Have Habits, Relative Velocity, Comparison: Two Industrial Stocks, Comparison: Two Railroad Stocks, Comparison: Two Utility Stocks, Another Comparison: Two Industrials, Reasons for Velocity, Effects of Earnings and Dividends, Effects of Volume, Effects of Price, Effects of Leverage, Experience Tables vs. Fundamental Analysis, Dependability of Velocity, Diversification, Dependable Velocity Statistics based on Adequate Background, Velocity Research, Minor Group Velocity, Which Minor Groups Have Highest Velocity?, Which Minor Groups Have Greatest Activity? Minor Group Components Stocks, General Economic Classifications: Gartley Minor Groups, Backbone Cyclical Groups, Growth Trend Groups, Stable Income Groups, Consumer Durable Goods Groups, Consumer Goods Groups, Commodity Groups, Industry Expansion Groups, Portfolio of Important Stocks, Average Velocity a Guide in Selection, Activity and Important Factor, Advancing Stocks, The Real Market Leaders, Selected Speculations, Selected Low-Priced Speculations, High Velocity Dangers, Low Velocity, Expectancy Tables Applied to a “Present Portfolio,” Mechanics of Testing the Expected Velocity of a Common Stock Portfolio, Summary, List of Tables, List of Illustrations — end. 114 pp.

Reprint of an EXTREMELY SCARCE TITLE by Harold M. Gartley originally published in 1940, Highly Collectible Title.

Gartley’s Stock Market Experience Tables (1940) by H.M. Gartley 114pp.

Alanpuri Trading, Los Angeles, 2012. Softcover, Reprint with FULL COLOR PLATES, exact facsimile of the rare 1961 Edition originally published by American Investors Service, Larchmont, NY., 48 pp.,

Contents: Graphic Charts, Arithmetic Stock Averages, Geometric Stock Averages, Comparison of the Arithmetic and Geometric Averages of Two Stocks – Socony Oil and Coca-Cola, The Dow-Jones Averages, The American Investors Service Composite Geometric Averages, American Investors Service Industry Group Averages, Comparison of te Broad General Market Averages, Definition of Classification of Trends, Volatility, Volatility-Correlation, Volatility-Correlation Indexes, Volatility-Correlation Ratings, Factors Responsible for Correlation, How To Estimate Probable Amplitude of Price Movements Based on Volatility-Correlation Ratings, Industry Group Performance 1946-1960, Percentage-Strength Ratings in the Weekly Stock Selection Guide, Position-Timing Ratings, Divergent Trends–Effects of Accumulation and Distribution, Relative Strength Measurement Ratio Analysis — Historical Background, Industry Group Analysis, Group Confirmation Principal, Analysis of Upside and Downside Volume vs. Price Movement, Trend Oscillograph, Short Selling, Things to Think About Before You Buy: Don’t Over-diversify, Should I Buy a Leader or a Laggard?, Should I Buy a Stock That Pays an Unusually High Dividend Return?, How to Save Brokerage Commissions by Trading in Round Lots and Making Odd-Lot Commitments only in Higher-Priced Stocks — end.

Summary: Important work by Chestnutt who ran the “American Investors Trust,” in the 1960’s and 70’s. A big proponent of “Relative Strength,” his mutual fund was one of the best performers in the 60’s. 48 pp., Softcover Reprint (Color plates) of the 1961 original. Recommended Reading.

Stock Market Analysis: Facts and Principles (Full Color Edition) (1961) by George A. Chestnutt