Courtesy of Read the Ticker.
Understanding Richard Wyckoff logic helps you understand when major plays are switching sides of the trade.
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Investing Quote…
..”Tape reading is rapid-fire horse sense…The Tape Reader aims to make deductions from each succeeding transaction — every shift of the market kaleidoscope; to grasp a new situation, force it lightning-like through the weighing machine of the brain and to reach a decision which will be acted upon with coolness and precision”..
Richard D Wyckoff
..“If it’s obvious, it’s obviously wrong.”..
Joe Granville
..“The main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch
..”Money couldn’t buy friends, but you got a better class of enemy”..
Spike Milligan
..”Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway”..
Warren Buffett
