Richard Schabacker - Technical Analysis and Stock Market Profits (Harriman Definitive Edition)

Richard W. Schabacker achieved his financial fame in the 1920s and 1930s first as Financial Editor of Forbes and later as editor of the Annalist, a weekend section of the New York Times. During this time he also authored three books: Stock Market Theory and Practice, 1930; Technical Analysis and Stock Market Profits, 1932; and Stock Market Profits, 1934.

If any phrase describes the editor of the Traders Masterclass series, which is dedicated solely to bringing back to traders and investors everywhere many of the great and rare Technical Analysis classics from the past, that phrase would be a perpetual student of the market. Students in high school or college eventually graduate. Not so students of speculative markets. The study and the work is never finished, especially when there is an enduring interest in Technical Analysis. The editors interest grew by leaps and bounds when in the late 1970s and the 1980s he established in Los Angeles the only bookstore in the USA that dealt exclusively in stock and commodity books; those that were in print at the time and those that were out of print. Current books were generally unchallenging and of various degrees of quality. Many out-of-print books were also of varying degrees of quality, but so many fascinating rare works from the 1920s to the 1950s, of great creativity and marvelous technical analytics and application came his way, that a life long appreciation of their quality grew.

Almost needless to say, more attention was focused on the old books than on the new, for he found those old books that made up the great classics were superior to the new in so many ways. While operating the bookstore, there was a natural inflow and outflow of many thousands of books and from those thousands of books a personal library and collection numbering a good 5,500 plus individual titles was put together. A little of the knowledge contained in these great market classics rubbed off on the editor (actually more than a little) and he trusts that it will also rub off on the many market students of today and tomorrow as they also come in contact with the superb Technical Analysis classics that will come their way through this Series.