Time Factors in the Stock Market

A few words by way of introduction to this work may be necessary, since it deals with a technical subject and the scope of it cannot be readily understood by the casual reader. It is essentially intended for investors and traders in the various kinds of commodities traded on exchanges. To the chart reader it is particularly informing in that it reveals the more scientific part of the subject and shows the mathematical base underlying the lucky hits to which many of our chart readers have undisputed claim. The general scope of this work embraces all that is essential to the art of scientifically detecting direction and distance of swings. This is a field practically foreign to the average trader and investor. Attempts have been made to partially reveal still more remote truths behind stock and commodity movements, but their explanations become so involved that it is wiser to train our thoughts along simple lines at the present time. Only through serious study of the various phases and underlying laws of Nature, can success be attained in market operations. I trust to have left no point untouched that would help in grasping the laws of motion whatever sort they may be.