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Mastering Market Timing: Using the Works of L.M. Lowry and R.D. Wyckoff to Identify Key Market Turning Points (Paperback)

By Richard A. Dickson, Tracy L. Knudsen

Published by FT Press

Published Date: Feb 1, 2018


For generations, technical market analysts have relied on the Wyckoff method for understanding price/volume interactions–a breakthrough technique created by Richard D. Wyckoff, one of the most influential traders in stock market history. More recently, many technical analysts have also applied the Lowry Analysis, an exceptionally powerful approach to understanding the forces of supply and demand that are the starting point for all macro-analysis.


Now, for the first time, two leaders at Lowry Research discuss how to combine these methods. Drawing on more than 45 years of experience as technical analysts, Richard A. Dickson and Tracy Knudsen introduce a uniquely powerful, objective, and quantifiable approach to applying traditional price/volume analysis. By understanding their techniques, investors can gain insights unavailable through other technical methodologies, and uncover subtle indications of emerging trend shifts before other methods can reveal them.

Table of Contents

Foreword by Dr. Henry Pruden     xv

Introduction     1


Part I:  A Wyckoff-Lowry Analysis of Major Market Tops and Bottoms Since 1968

Chapter 1   Richard D. Wyckoff and Lyman M. Lowry: The Analysts and Their Methods     11

Chapter 2   How Major Market Tops Form: Part I, The Preliminaries     19

Chapter 3   How Major Market Tops Form: Part II, The End Game     39

Chapter 4   How Major Market Bottoms Form: Part I, Panic and Capitulation     61

Chapter 5   How Major Market Bottoms Form: Part II, Accumulation and Breakout     83


Part II:  Combining a Wyckoff-Lowry Analysis with Other Tools for Timing Major Market Tops and Bottoms

Chapter 6   Building a Cause: How R. D. Wyckoff Uses Point and Figure Charts to Establish Price Targets     103

Chapter 7   Identifying Major Market Top and Bottoms: Other Tools to Consider     127

Chapter 8   The Curious Case of the 2000-2001 Market Top and Demise of the Secular Bull Market     151

Chapter 9   A Wyckoff/Lowry Analysis of the 2000 Market Top     167

Chapter 10  Where Are We Now?     179

Chapter 11  Putting It All Together     193

Index     197