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