DUSS REMINDS ME OF THIS QUOTE. I have been watch
Post# of 7153
DUSS REMINDS ME OF THIS QUOTE. I have been watching it like a hawk, ITS READY GUYS.
"That is how I first came to be interested in the behaviour
of prices. I had a very good memory for figures. I could
remember in detail how the prices had acted on the previous day,
just before they went up or down. My fondness for mental
arithmetic came in very handy.
I noticed that in advances as well as declines, stock
prices were apt to show certain habits, so to speak. There was
no end of parallel cases and these made precedents to guide me.
I was only fourteen, but after I had taken hundreds of
observations in my mind I found myself testing their accuracy,
comparing the behaviour of stocks today with other days. It was
not long before I was anticipating movements in prices. My only
guide, as I say, was their past performances. I carried the
"dope sheets" in my mind. I looked for stock prices to run on
form. I had "clocked" them. You know what I mean.
You can spot, for instance, where the buying is only a
trifle better than the selling. A battle goes on in the stock market and the tape is your telescope. You can depend upon it
seven out of ten cases."