Considering the fact that Richard Schabacker died aged thirty-six, he left a remarkably strong mark on the investment world. Considered the grandfather of technical analysis, his writing forms the basis of contemporary thought on the subject. During his lifetime he was granted prestigious editorial positions by the leading financial publications of the 1920s including that of Financial Editor of Forbes magazine. In 1930 he published his first book on contemporary investmant practices, Stock Market Theory and Practice , which was followed in 1932 by Technical Analysis and in 1934 by Stock Market Profits: A Course in Forecasting.
If you think you know all there is to know about technical analysis as it pertains to charting and chart trading then you must read Technical Analysis and Stock Market Profits by Richard Schabacker. This original work by the founder of technical analysis will teach you many valuable things that you don't know. -- J. Welles Wilder Today's technician has all the modern computer methods of interpreting price and buying trends. No matter how sophisticated they get, all technicians must get back to basics and there is no finer way of reviewing those time-honored technical principles, rules and precepts than with the original version of Schabacker's Technical Analysis and Stock Market Profits. -- Ralph Acampora To be a successful trader, you need to understand markets deeper than your competitors. A good way to get started is to read this ground-breaking book - a major text on technical analysis that has already helped countless traders find their way to market profits while avoiding dangerous pitfalls. -- Dr Alexander Elder, author of Trading for a Living