Description
Advanced Theory and Practice of the Point and Figure Method (1934) by Owen Taylor and Victor de Villiers, VOLUME 2
Alanpuri Trading, Los Angeles, 2022, Hardcover, Reprint, Illustrated with charts and diagrams, An exact facsimile of the 1934 revised version written by Victor de Villers and Owen Taylor. The title was originally released in 1933, this version is the revised 1934 edition. The title of this book is “Advanced Theory and Practice of the Point and Figure Method, Book Two.” This was the second book of what ended up to be a 3 Volume Series (as defined by Owen Taylor). Owen Taylor completed the series in 1939 without de Villiers when he released, “The Time Tested Technique of the Point and Figure Method.” Taylor augmented Vol. 3 in 1940 and 1941. 70 pp.
Summary: Volume 2 (1934) in the 3 Volume Series on Point and Figure by Owen Taylor and Victor de Villiers, An extremely clean hardcover reproduction of this Advanced Point and Figure Theory and Practice Classic by Taylor and de Villiers, 70 pp.
Contents: CHAPTER I. Develop Proper Mental Approach, The Value of Isolation, Proper and Adequate Equipment, Technical Knowledge and Equipment, The Importance of Selective Data, Tape Watching or Active Trading, CHAPTER II. BASIC PRINCIPLES – THEIR APPLICATION, Basic Principles Underlying This Method, The Trading Range – Accumulation, The Fulcrum, The Mark-Up, Distribution, The Trend Line, For Long Term Main Trend Operations, Plotting the Trend Line, Technical Position, Determining the Technical Position of the Market Through the Use of the Five Dominant Positions, Resume, CHAPTER III. CHART FORMATIONS INDICATED THE INCEPTION OF.A MOVE, The Value of Charts, One Cardinal Principle Which Must Be Understood, A Necessary Premise, Wait for Signals of Accumulation or Distribution, What to Look For (Fig. 1, Fig. 2), Await Previous Support, How the Move Begins, Establishing A Long Position, A Practical Example, Dead Center, The Use of the Stop, Ultra-Conservative, CHAPTER IV. RECURRING OPPORTUNITIES DURING THE MOVE, Study Creates Skill, Recognizing Opportunities, Divided Absorbed, A Long Position Established On Stop, Judging the Move, Confirming the Move, A Critical Analysis of Trading Zones, How to Plot New Trend Lines, CHAPTER V. THE ONE POINT CATAPULT AND SEMI-CATAPULT, Strong Signals, Illustrations of Catapult and Semi-Catapult Patterns, Broad Fulcrum Desirable, Catapult and Semi-Catapult Not the Same as the Conventional New High, THE LADLE PATTERN, Tracing a Move in DuPont, The Ladle Formation, Confirmation, How to Analyze the Trend, Watch the Trend Line and Use Stops, CHAPTER VI. GAUGING THE VOLATILE ISSUES, A Fast Mover, An Unusual and Unique Device, Individual Characteristics Often Repeated, Long Positions, Consolidated Zone, Three Point Summaries Should be Consulted, CHAPTER VII. HOW TO RECOGNIZE ADDITIONAL OPPORTUNITIES IN VOLATILE STOCKS, Low Priced Stocks, Avoid Guess Work, Erratic Stocks Not Dangerous, Consider the Unexpected, Conservation Pays, Importance of Dividends, Extras and Rights, Watch Ex-Dividend Dates, Limit Losses Let Profits Accrue, Continually Analyze the Formations, CHAPTER VIII. CULMINATION, LIQUIDATION, PROFIT TAKING, AND THE SHORT SIDE, When You Take Profits, One Point Signals on the Short Side, The Reaction Pattern in ACF, Signal for the Short Side, Watch for Signs of Absorption, The Inverse Catapult, Signals for Short and Long Positions, Analyzing a Stock for Technical Position, Signs of Culmination, CHAPTER IX. THE THREE POINT CHART, How to Prepare the Three Point Chart, Averages a Confirmation, Watch for the Balance of Forces, The Importance of Seasonal Trend, Three Point Analysis, CHAPTER X. COORDINATING THE ONE POINT WITH THE THREE POINT CHARTS, Three Point Chart a Check on the One Point Chart, Illustrations of Coordination, Inside Accumulation, Manipulator’s Campaign, The Manipulator’s Methods, The False Start, Pool Switches to Short Side, A New Angle on Narrow Fluctuations, CHAPTER XI. THE COUNT – GAUGING THE EXTENT OF FUTURE MOVES, The Theory Underlying the Count, The Count Not an Exact Science, Horizontal Formation May Disclose the Extent of the Move, The Principle of THE COUNT, The One Point Count, The Forecast, Anticipating the Next Move, Additional Charts for Study, The Count by Three Points, A New Point for a Forecast, Accuracy of the Count, A Three Point Test for Future Market Action, Cumulative Implications More Reliable, CONCLUSION, Charts, Fig 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 — end. 70 pp.
Also available in the Complete 3 Volume Hardcover Set
ISBN 10: 1945574313
ISBN 13: 9781945574313
More Point and Figure Titles by Owen Taylor:
Vol 3: The Time Tested Technique of The Point and Figure Method (1941) by Owen Taylor
