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One cannot become a Tape Reader by giving the ticker absent treatment; nor by running into his broker's office after lunch, or seeing how the market closed from his evening newspaper.... He should spend twenty-seven hours a week at the ticker, and many more hours away from it studying his mistakes and finding the why of his losses. -from Introductory A classic of technical stock-market analysis, this is considered the most important work of one of the great market watchers of the early 20th century. It covers: . stop orders and trading rules . volumes and their significance . market technique . dull markets and their opportunities . and more. This primer on the basic laws of the market is still an invaluable resource for the broker or serious individual trader.