Alanpuri Trading, 2014, Hardcover, Reprint, black cover with white title and graphic to cover, whit e title to spine, exact facsimile of the 1967 revised edition (130 pp.) and the extremely scarce 1965 first edition (39 pp.), Originally published November, 1967, 130 pp., Illustrated with numerous charts, (note: The 1967 editions are the 2nd Edition although it is not noted in the book itself – Merkel published the First Edition of this title in 1965 which was a 39 page softcover version with red wrappers and black title)
Contents of 1967 2nd Edition: Introduction by Richard Russell, SECTION ONE – RELATIVE STRENGTH, Relative Strength, Process of Elimination, The Realtive Strength of Industrial Groups, Relative Strength in Application, Textile Industry, Burlington Industries, Oil Industry Group, Two Oil Stocks – one strong, the other weak – In 1962, Preparing to Buy – An Analysis of United Aircraft, Preparing to Buy – An Analysis of Bell and Howell, Preparing to Buy – An Analysis of Polaroid, Buying Douglas Aircraft, Selecting Trading Stocks, Predictable Performance Pattern, Protected Entry via the Performance Pattern, Performance Pattern – Also A Selection Tool, Trading the Strongest Stocks, No Better Than Average, Preparing to Sell, When to Sell A Strong Stock, A Long Term Downtrend Channel, SECTION TWO – STOCK MARKET TIMING, Merkle Index, Merkle Index Components, Advance – Decline Ratio, Ten and 35-Day A & D Lines: A Timing Device, The Ratio of New Highs and Lows, Odd Lot Trading, The Disparity Index, Buying/Selling Volume Studies, New York Stock Exchange Total Volume, On-Balance-Volume, The Short Interest Ratio, Momentum Indices, Credit-Debit Ratio: A Mood Maker, The 40 Bonds, Barron’s Confidence Index, SECTION THREE – TREND ANALYSIS, Dow Theory, Theory of Overhead Supply, Logarithmic Charts, Trend Channels, Formation of A Reversal Pattern – DJ Rails, Percentage of Stocks Above 30-Week Moving Average, Head and Shoulders Formation, False Breakouts, The One-Day Reversal, So You Want to Speculate, Cycles & Phases for Long Term Policy, The Priceless Ingredient — end. 130 pp.
Contents of 1965 First Edition: Theory of Overhead Supply, Process of Elimination, Relative Strength, The Relative Strength of Industry Groups, Relative Strength in Application, Predictable Performance Pattern, The Priceless Ingredient, Trend Channels, The 40 Bonds, Barron’s Confidence Index, On-Balance-Volume, Buying/Selling Volume Studies, New York Stock Exchange Total Volume, Advance-Decline Ratio, Ten and 35-Day A & D Lines: A Timing Device, Odd Lot Trading, Momentum Indices, The Short Interest Ratio, Credit-Debit Ratio: A Mood Maker, The Disparity Index, The Ratio of New Highs and Lows, Cycles & Phases for Long Term Policy — end. 39 pp.
Collectible Hardcover Reprint of this early and important work on Relative Strength.
Relative Strength and Stock Market Timing by Daniel R. Merkle