Alanpuri Trading, Los Angeles, CA, 2022, Hardcover, Reprint, 109 pp. (originally published in 1969)

Summary: Hardcover reprint of a rare and highly sought after 1969 title by Osman Ghandour. As evident in the title, Ghandour’s concept centers around price momentum and how to recognize entry and exit points to capitalize on large price moves. 

Table of Contents: Foreword: Pitfalls in other market books. An attempt to avoid them. Expressions of gratitude. “Going public.” Objectives of this book. Introduction Chapter One: LEARNING ABOUT STOCKS THE HARD WAY Chapter Two: MORE STUDY – AND A BLIND ALLEY Chapter Three: BIRTH OF A CONCEPT How new concepts are treated. The importance of market turning points. Selling before a stock peaks. Basing decisions on momentum studies. Predicting market reversals. The gambling instinct. Chapter Four: THE O-G MOMENTUM CONCEPT Perils of investing. Consistency of the stock market. Laws defining course of moving objects. The stock market power in motion. Principles of force, speed, and acceleration. Importance of momentum. Example of gravity. Difficulty of measuring bull and bear forces within one trend. Value of graphs in forecasting. Chapter Five: CHART PREMISES Chapter Six: APPLICATION AND DEFINITION OF R INDICATORS Chapter Seven: R1 – N.Y. COMPOSITE INDEX Chapter Eight: R2 – VOLUME AMEX TO N.Y. EXCHANGE Chapter Nine: R3 – NEW HIGHS AND LOWS ON N.Y. EXCHANGE Chapter Ten: R4 – PERCENTAGE YIELD ON 30 DOW-JONES INDUSTRIALS Chapter Eleven: R5 – ODD-LOTS SHORT SALES TO PURCHASES Chapter Twelve: STOCK RECOMMENDATIONS SUMMING UP – AND LOOKING AHEAD GLOSSARY LIST OF ILLUSTRATIONS

ISBN-10: 1945574771

ISBN-13: 9781945574771

The O-G Momentum Concept and how I use It to foretell Stock Market trends (1969) by Osman Ghandour, 109 pp.

Alanpuri Trading, Los Angeles, 2013, Softcover, Reprint, Exact facsimile (enlarged 8.5 x 11 in.) of the original first published in 1935 by Investographs, Inc., Rochester, N.Y., 27 pp. (This edition missing the last 2 pages that would have contained, What Trendograph Service Offers and List of Stocks Covered),

Summary: The Odds against successful trading and investing are far greater than are represented by the “cut” on each transaction for commissions and taxes. The Individual is inherently his own worst enemy. Because it is important that the ordinary market handicaps be clearly understood, these are sketched briefly. There is then submitted a detailed explanation of a scientific procedure, founded upon a new application of basic economic laws, which, it is believed, provides a means of making greater capital gains than have heretofore been possible.

Contents: Foreword, Why Only 5 Out of 100 Win, How They Lose, Broad Claims Which Only a Superior Procedure Could Fulfill, The Cause of Market Movements, A Forecasting Device Based on Common Sense, 86% Accurate in Performance, The Pressure Indicator Applied to Previous Years, An Amazing Record, How Trendograph Charts Reveal Buying and Selling Levels, Charts of American Telephone and U.S. Smelting, Watching the Ebb and Flow of Public Interest, A Standard Trendograph Chart, How Trendograph Service is Kept Up to Date, The Trendograph Daily Market Report, A Weekly Letter Analyzed, Who Should Follow Trendograph Procedure?,(This edition is missing the last two pages that would have contained, What Trendograph Service Offers, List of Stocks Covered) — end. 27 pp.

A New Scientific Method for Forecasting Market Movements (1935) by Edwin S. Quinn, 27 pp.

Alanpuri Trading, Los Angeles, 2013, Softcover, Reprint, Exact facsimile of the original 1952 first edition, originally self-published in 1952 by E. George Schaefer as a marketing piece to his new customers that were 4-week trial subscribers to his “Dow Theory Trader” letter, 65 pp.,

Contents: description from Schaefer’s Foreword, “The road to profits in the stock market is not difficult to follow when you have a dependable guide – a guide to help you employ correct trading tactics at the right time for greater profits. This “Trading Tactics” booklet is going to introduce you to the most reliable guide in the stock investment business. The Dow Theory. A better Dow theory – one that has been improved through technical research.

You will read how this improved Dow Theory has been used to capture great profits in this market. For over fifty years, the Dow Theory has served as a dependable guide to investors. It has shown countless numbers when to buy near the bottom – when to hold – and when to sell out near the top. This booklet discusses Dow theory procedure – shows how great profits were built up in two model accounts – and the reasons behind the investment procedure followed to accomplish these profits. Four “Dow Theory Trader” letters, in which we told our readers to “buy” just before large advances occurred, are given in this booklet in their entirety. For example, the June 18, 1949 issue (written four days after the 161.60 low), the July 15, 1950, issue (written two days after the Korean War reaction made it’s low), the December 9, 1950, letter (written at a time when stocks were being sold in response to the Chinese Communist war), and our June 29, 1951, letter, are all enclosed, and serve to show how this new technical research and the Dow theory were bullish, and highly profitable to investors in all of those instances.

Great advances in the market followed in each of these cases. A sample of our two model accounts, showing profits garnered by these methods, is also enclosed. A number of technical supplements to our regular weekly letter have also been included in this booklet. These were selected from past weekly bulletins because the writer felt that they were valuable to beginners who want to learn how technical factors are correlated with the Dow theory. They show how we have improved timing under the Dow theory by new methods. Some of these are the 200-Day Investment Line, Dow’s 50% Concept, Odd-Lot Index, Three-Phase Studies, Short Interest-Volume Ratio, and our Consensus Opinion Chart.

This “Trading Tactics” booklet was written primarily to show our many new readers who the Dow theory is applied for profit. Thousands of investors are using the method outlined – they have been tested, and have been proven of great value. The writer sincerely hopes that you, as a 4-week trial subscriber, will benefit from the principles, procedure, and trading tactics discussed. – signed, E. George Schaefer” — end. 65 pp.

Trading Tactics, In Keeping with Dow’s Intermediate and Long-Term Trends (1952) by George E. Schaefer

Publisher: Alanpuri Trading, Los Angeles, 2013. Softcover, Reprint, 114 pp.

This is an exact facsimile of the Original title published in 1934 by Wetsel Market Bureau, Inc.,

Contents:

Section A: Introduction, Confidential, Order of Presentation, Definitions, Technical Position.

Section B: Objective, Definitions, Bull Market, Bear Market, Normal Reactions & Recoveries, The Fifty Percent Recovery & Reaction.

Section C: Application of Rules: The Fifty Percent Recovery & Reaction, The Pivot.

Section D: The Pivot, The Importance of Time, Time & Extent Measured by Arc, Application to Minor Movements, Tops & Bottoms.

Section E: Tops & Bottoms, The Top Formation in 1929, If the Bull Market Had Continued, Bottom Formations.

Section F: Tops & Bottoms, Tops & Bottoms on Individual Stocks, The Importance of Closings, Consider Dividends in Calculations, Variations from Head & Shoulder Formation, A Rounding Top, Variations in Bottom Formations.

Section G: Gaps as Indicators, The Cause of Gaps, Value & Limitations as Indicators; Kinds of Gaps, The Exhaustion Gap.

Section H: Gaps as Indicators, Break-Away Gaps, Review Regarding Exhaustion & Intermediate Gaps, Watch Immediately Preceding Price Movement, Special Discussion.

Section J: Importance of Preceding Price Movement, Rule Fifty-One. Section K: Similarity of Price Movements; Stretcher Formation.

Section L: Stretcher Formations – Variations in the Movement, Long Swing Commitments; Normal Movement Subsequent to Stretcher, Short Sales; Volume.

Section M: Comparison of Price Movements, The Effect of Trend; Simple Method of Eliminating Trend, Method of Preparing Chart No. 23, Comparing the Two Price Movements. Section N: Averages Used as Guides, Compilation of an Average, The Dow-Jones Averages, The Forecast of September 8, 1932.

Section O: The Use & Compilation of Averages, The Use of a Constant Divisor, Average of Active vs. Inactive Issued, Compiling an Average of Inactive Issues.

Section P: Old Tops & Bottoms, Application to Individual Stocks, Determining Exact Resistances.

Section Q: Trend Lines, Application to Individual Stocks, Trend Lines as Resistances.

Section R: Coil Formations, The Ascending Coil, Descending Coil, A Flat Coil.

Section S: Time & Volume, Section T: Volume and Price,

Section U: Angles of Strength & Weakness,

Section V: Summarizing Major Formations, Section W: Minor Formations Continued,

Section X: Obstinate Declines & Rallies,

Section Y: Danger Signals, Pegged Stocks, Successive Closes at Top, Irregular Straights, Playing Safe on Straight Measurements, Natural Resistance & Support Levels, Prices Doubled or Halved, Section,

Section Z: Recording Each Transaction, Margin Trading, Seasonal Influences.

Summary:

A Summary from Don Mack about this title: “Regarding details of the authors and the publisher of this Course in Trading, we know very little of the Wetsel Market Bureau and its team of technical writers who put it together. We have not been fortunate enough to find any references to their existence after the 1920s and 1930s. We do know that it was a highly regarded market advisory publication in its time, and judging by the quality of this Course, we have no doubt that it was a solidly based service that profited its subscribers with some excellent analytical teaching and information. From the original Introduction to the Course we learn that the company had changed hands about three years before the time of this publication (1934) and the new head of the company was Fred W. McClafferty, a name I must admit is unknown to me from that period. From the introductory comments to the Course, we have to surmise that the service was published bi-weekly, although, knowing the general pattern of market letter publishing, there is also the possibility that it was a weekly publication.”

No. 002440

A Course in Trading (1934) by Wetsel Market Bureau

Alanpuri Trading, Los Angeles, CA, U.S.A., 2013. Reprint, Softcover, (Originally self-published by Owen Taylor in 1934), 248 pp., An exact facsimile of the Original 1934 Edition, publisher has added a table of contents not present in the original. Extremely Rare Content.

Contents: CHAPTER I: What are Line Charts?, A Simple Method, Widely Used, Applicable to Many Fields, Sound Technic Essential, Types of Charts CHAPTER II: Stock Price Charts, Arithmetic Charts, Logarithmic Charts, Square Root Charts, Time Interval Factors, Price Interval Factors, The Use of Vertical Line Charts, How to Make Charts, Arithmetic Recommended, Materials, High-Low-Close, Charting Volume, CHAPTER III: Terminology, Main Trend, Intermediate Cycle, Intermediate Trend, Secondary Correction, Trend Lines, Trend Channel, Bull Trend, Bear Trend, Rally, Reaction, Line Move, Resistance Point, Trading Range, Accumulation, Shake-Out, Mark-Up, Distribution, Swing Trade, Gaps, Blow-Off – Climax, Congestion Area, Consolidation Area, Technical Condition – Technical Position, Composite-Average-Index, Average, Index, Oscillator, CHAPTER IV: The Technical Approach, The Active Trader, The Daily Swings, Trading Range Trading, Intermediate Swing Trading, The Investor, Investment Components, Long Pull Positions, An Important Principle, CHAPTER V: What Constitutes the Securities Market?, Functions of the Market, Market Affords Easy Convertibility, The Function of Appraisal, The Mechanics of the Market, The Commodity Markets, The Causes of Market Movements, Intermediate Trends and Minor Swings, What Makes the Market Move?, How Does the Market Move?, Why Does the Market Move?, CHAPTER VI: The Composites, Illustration of the Method Involved in Creating A Composite, The Index, The Standard Stock Price Indexes, Make Up, The Formulae – Base Weighted Aggregates, Weighting, Base Value, Base Year, Stock Dividends and Split-Ups, Rights to Common Stock, Changes in the Standard Stock Price Indexes, Peculiarities of the Standard Stock Price Index, Conclusion, CHAPTER VII: The Use of Composites for Main Trend Analysis, What to Chart, Guides to the Main Trend, The Dow Theory, Dow’s Original Principles, Study Past Action, Dow Signals, The Line, Main Trend Reversals, Trend Lines, The Trend Channel, Parallel Trend Lines, Fringe Zones, Bull Trends, Bear Trends, The Intermediate Cycle, The First Cycle in a Bull Market, Bull Continuation Cycles, The Final Bull Market Intermediate Cycle, Bear Market Cycles, Trend Outline Technic, Making Trend Outline Charts, What Trend Outline Charts to Chart, Judging the Trend, , CHAPTER VIII: Moving Averages – Trend Gauges, Basic Principles, The Law of Probability, The Method of Least Squares, Example of Moving Average, Price Movements and the Law of Probability, Supply Versus Demand, Selecting the Time Factor, Illustrating the Theory, Probability and the Major Movements, Limiting the Problem, Selecting the Base Data, Compiling the Base Data, Practical Applications, Determining the Longer Movements, How to Prepare Base Data, The Seven Week Probability Curve, The Ten Week Probability Curve, Comparing the Curves, Standard Statistics 90 Stock Index, A Seven Years’ Record, Adjusting the Curves, Testing the Curves, Short Curves on the Market, Probability and the Daily Market, Probability and the Individual Issue, CHAPTER IX: Compar-O-Graphs, CHAPTER X: Market Logs, CHAPTER XI: CHAPTER XII: Theoretical Approach, CHAPTER XIII: Vertical Line Chart Diagnosis, CHAPTER XIV: Progression, CHAPTER XV: Distribution — 248 pages. EXTREMELY SCARCE and IMPORTANT TITLE on Technical Analysis by Point and Figure Pioneer Owen Taylor, Highly Collectible.

Chart Technicians’ Manual (1934) by Owen Taylor

Alanpuri Trading, Los Angeles, 2012, Softcover, Reprint, An exact facsimile of the 1977 edition that was originally published by Trade Levels, Inc. Pasadena, 47 pp,, includes a 4-page paper entitled “Pyramid Plan for 50% Margin” laid-in, Peter N. Haurlan (1923-1978)

Contents: I. Objectives, II. Market Price Indicators, Requirements of a Price Indicator, Dow Jones Industrial Average, NYSE Composite Index, Standard & Poors 500 Index, Unweighted Market Averages, Trade Levels UNW MKT AVR, III. Time-Wieghted Moving Averages, Long Term, Intermediate Term, Measuring Breadth by WTD MOV AVR, IV. Short-Term Trading, Risks Involved, Personality Requirement, A Suggested Trading Technique, Summary, V. Action Signal Formula, General Principles, Typical Stock Phases, Action Signal Logic, Overrides, Second Warning About Limitations, VI. Cycle Forecasting, The Existence of Cycles, Trade Levels Approach to Cycles, Cycle Criteria, Currently Active Cycles, Composite Stock Cycle, Summary, VII. Reducing the Risk of Trading (Pyramid Plans), Why Pyramid? Pyramid Calculations, Types of Pyramid, Selecting a Pyramid, Effects of Margin Requirement, How Close Out a Pyramid, Effects of Commission and Interest, Aggressive Pyramids, Short-Sale Pyramids, Appendix: Exponential Smoothing, The Problem, The Aerospace Solution, Selecting the Trend Period, Selecting the Initial Value, Performing the Calculations, Changing Trend Periods, Using Trend Values in Trading, Weighted Moving Average, Equivalent Moving Average, Summary — end. 47 pp. + Appendix.

Summary: Extremely scarce title by the JPL Rocket Scientist that developed the Haurlan Index indicator in the 1960s. While at JPL, Haurlan is cited as using the JPL computers at night to start tracking the stock market using spacecraft tracking techniques, (Sherman McClellan Speech at MTA Awards 2004). I’d encourage you read more on Haurlan as his story is quite fascinating. Reprint, extremely rare and important content from the late 1970s.

Advanced Concepts for Market Technicians by Peter N. Haurlan, 47 pp.

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, 2013, Softcover, Reprint, Exact facsimile of the First Edition originally published by The Institute for Economic and Financial Research, Albuquerque, NM, 1961, 36 pp.

Full Title from title page: “The Method, A Perpetual Stock Market Guidance-Formula obtained from the Understanding of the Technical Approach to the Market Capable Through Proper Application to Point Out Specific Stocks to Buy and Specific Stocks to Sell Together with the Best Time When Such Buying and Selling Should Be Done.”

Contents: (Headings) Challenge, Dow Theory, The Great Boxes, Stocks and Men, What People Buy When They Buy A Stock, The Future, The Multiplier, Why People Sell, The Most Active Column, Leaders and Syndicates, Basic Differences, The Trajectory, Position, Nature of the Syndicate, Volume and Price, Time and Action, The Real Cylinder, Who Makes the Market?, New Highs and Lows, Number, Selection, Moving Objects vs. Falling Bodies, The Two Boxes Combined, The New Lows Stocks, The Three Prices, The Price Course, Application, Trend, Action, Advice, More, — Includes numerous hand-scribbled illustrations and charts. Extremely Scarce Flumiani Title, 36 pp.

The Method: Tested Formulas for Stock Market Anticipations by C.M. Flumiani, 36 pp.

Alanpuri Trading, Los Angeles, 2013. Softcover, Full Color Plate Reprint of the Original Manuscript. This 54 pp.

ADDENDA is for the NEW 1970 edition of Tubbs’ Stock Market Correspondence Lessons One to Fourteen that we believe Ralph Dystant published in 1970.

Upon uncovering this rare document we now better understand how it came to be that there are two versions of the Tubbs course reprint floating around. The first TEN Lesson course written and published by Frank Tubbs in the 30s or 40s, and the FOURTEEN Lesson course we believe Dystant published in 1970. Lessons Eleven by Fourteen appear to have been written and added by Dystant in 1970. It appears that Dystant re-typeset the entire Lesson One thru Fourteen Course for the 1970 publication, but for those re-sellilng the reprint for the last couple of decades, there has never been any mention that Ralph Dystant actually wrote the last four chapters and to our knowledge the existence of an ADDENDA for Lessons One to Eleven by Ralph Dystant may have been known by very few. It is clear to us now that Dr. Jerome Baumring, who originally owned this ADDENDUM knew, but decided to sell the Reprints of Lesson One through Fourteen Course with no reference to Ralph Dystant. We can only speculate as to Dr. Baumring’s reasons, but it may have been related to copyright infringement issues.

In this 54 pp. ADDENDA, Dystant attempts to update Tubb’s observations and in many cases uses current charts to illustrate his additonal observations. For those of you who own the Tubbs’ course you will see in Lesson Eleven that a 1970 chart of Savin verifies that Dystant wrote Lessons Eleven through Fourteen. We were also able to verify Dystant’s November 1970 copyright and description through the Catalog of Copyright Entries, Third Series: 1970: July-December. Book Condition: Fine, Contents: Lesson One Addenda 8 pp. (4 pages of text and pages of charts), Lesson Two Addenda 4 pp. (2 pages of text and 2 pages of charts, Lesson Three Addenda 14 pp. (2 pages of text, 3 pages of charts and 9 pages of tables), Lesson Four Addenda 7 pp. (1 page of text and 6 pages of charts), Lesson Five Addenda 1 pp. (1 page of text), Lesson Six Addenda 3 pp. (1 page of text and 2 pages of charts), Lesson Seven Addenda 3 pp. (2 pages of text and 1 page of charts), Lesson Eight Addenda 2 pp. (1 page of text and 1 page of charts), Lesson Nine Addenda 5 pp. (3 pages of text, 1 page of charts and 1 page of tables), Lesson Ten Addenda 1 pp. (1 page of text), Lesson Eleven Addenda (A Ralph Dystant Addenda to his own chapter) 4 pp. (1 page of text and 3 pages of charts), also included is a chart of the Transportation Averages from 1958 to 1970 with volume and a chart of Market Barometers for 1969 to 1970 that includes Utilities, Industrials and Transportation — end. 54 pp. EXTREMLY SCARCE CONTENT BY C. RALPH DYSTANT. Highly Collectible Reprint.

Addendum to Tubbs’ Stock Market Correspondence Lessons by C. Ralph Dystant