1946.
289
179.5
COTTON FUTURES.
Familiar technical action in a futures chart(5th ed.).
305
86
CRANE COMPANY.
Broadening Formation of 1945 to 1946, awarning of final top.
152
149
CRANE COMPANY.
Short-term trendlines in 1945, and examplesof channel “failure” and Pullback.
259
42
CRAY RESEARCH.
1987. Gap and Rounding Top.
96
179.5.5 CRB INDEX 2005.
A futures triangle with breakout.
316
179.5.6 CRB INDEX 2005.
The long term view, with double bottom.
317
259
CRUCIBLE STEEL.
Daily, March to August 1963. AscendingTriangle, showing Breakaway Gap.
548
48
CUBAN-AMERICANSUGAR.
A Rounding Bottom in 1945 which mergedinto a Symmetrical Triangle.
106
208
CUBAN-AMERICANSUGAR.
Weekly, 1945 to 1946. Habits of low-pricedstock of fairly low sensitivity.
421
200
CUDAHY PACKING.
Head-and-Shoulders Reversal at the MajorTop in 1928.
360
166
CURTIS PUBLISHING$7 PFD.
Typical decurving Bull Trend of preferredstocks. Monthly chart, 1938 to 1946.
284
167
CURTIS PUBLISHINGCOMMON.
Accelerating Bull Trend of low-priced,speculative common stocks. Monthly chart,1938 to 1946.
284
47
DELAWARE& HUDSON.
Weekly chart. Wide-swinging SymmetricalTriangle Bottom of 1941 to 1942 withThrowback to apex Support.
105
162
DELAWARE& HUDSON.
Application of three-fan principle to BullMarket Reaction. 1944.
277
AU3772_A007.fm Page 729 Sunday, November 19, 2006 2:46 PM
Alphabetic Index of Stock Charts
729
Figure Stock Name
Summary Description of Chart
Page
232
DELAWARE,LACKAWANNA& WESTERN.
Rectangle and uptrend. 1954 to 1955.
518
273.1
DELL.
From nothing (a college dorm) tosomething.
565
273.1.1 DELL.
A weekly look.
566
27
DIGITAL EQUIPMENTCORPORATION.
1985. From a Head- and-Shoulders Top toComplex Head-and-Shoulders Bottom.
84
22
DOME MINES.
Weekly chart showing the MajorHead-and- Shoulders Bottom of 1942.
77
103.1
DOW-JONESINDUSTRIALAVERAGE.
1987 Reagan Crash.
176
2
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Important swings of the 1941 through 1946.
26
4
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, March 2 to October 31, 1942.
29
5
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, November 2, 1942, to June 30,1943.
31
9
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, May 4 to October 19, 1946.
39
3
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, February 1 to August 31, 1941.
27
6
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, July 1, 1943, to January 31, 1944.
33
7
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, May 1 to November 30, 1945.
35
8
DOW–JONESINDUSTRIAL ANDRAIL AVERAGES.
Daily closing prices and total marketvolume, December 1, 1945, to May 31, 1946.
37
9.1
DOW–JONESINDUSTRIALAVERAGE
marked with Dow Theory Signals 1
51
AU3772_A007.fm Page 730 Sunday, November 19, 2006 2:46 PM
730
Technical Analysis of Stock Trends
Figure Stock Name
Summary Description of Chart
9.2
DOW–JONESINDUSTRIALAVERAGE.
marked with Dow Theory Signals 2
52
23.2
DOW–JONESINDUSTRIALAVERAGE.
Kilroy (H&S) Bottom.
80
96.1
DOW–JONESINDUSTRIALAVERAGE.
1999-2000 Diamond.
166
179
DOW–JONESINDUSTRIALAVERAGE.
Monthly chart, 1924 through 1937, showingthe unique straight downtrend developedby the 1929 to 1932 Bear Market.
293
179.3
DOW–JONESINDUSTRIALAVERAGE.
Three Bull Market tops.
298
227
DOW–JONESINDUSTRIALAVERAGE.
150day moving average. Editor’s choice.
511
247
DOW–JONESINDUSTRIALAVERAGE.
Daily chart showing the Broadening Topestablished in May to August 1957.
531
247.1
DOW–JONESINDUSTRIALAVERAGE.
Daily chart showing the Broadening Topestablished in 1999-2000.
533
256
DOW–JONESINDUSTRIALAVERAGE.
Weekly, July 1961 through June 1962. Themassive Head-and-Shoulders Patternpreceding the 1962 break.
545
15
DUPONT.
Its Major Top in 1936, with an unusualPullback.
67
238
EAGLE–PICHER LEAD. Monthly, 1927 to 1930. Generally BearishMajor Trend.
522
52
EASTERN AIRLINES.
A Symmetrical Triangle in 1947 that did notcarry through.
110
73
EASTERN AIRLINES.
Long Consolidation ending in Rectangle inearly 1945.
136
67.1
EBAY.
2004 Descending Triangle Surprise.
127
104.3
EBAY.
As Ebay broke its trendline and driftedsideways it became a good subject forreversal day trading.
184
2004-5 Astonishing Ebay breaks away onwings of great business.
185
104.3.1 EBAY.
Page
AU3772_A007.fm Page 731 Sunday, November 19, 2006 2:46 PM
Alphabetic Index of Stock Charts
731
Figure Stock Name
Summary Description of Chart
Page
209
ELECTRIC BOAT.
Weekly, 1945 to 1946. Habits of low-pricedstock of somewhat higher sensitivity.
241
205.6
EMULEX.
Lessons in high-speed speculation.
412
201
ENRON.
The most fundamental lesson. 2005.
361
234
FANSTEELMETALLURGICAL.
Weekly, 1955 to 1956. Showing AscendingTriangle, reactions to Support, andeventual uptrend.
520
23
FEDERAL NATIONALMORTGAGEASSOCIATION.
1984. Head-and-Shoulders Bottom.
78
121
FLINTKOTE.
Consolidation Formation — a SymmetricalTriangle — providing signal of PrimaryReversal.
209
272
FLYING TIGERCORPORATION.
Monthly, October, 1969 through 1971. Fromthe 1967 high of 481/2, “FLY” started adowntrend that lasted 2 years and took thestock down to 111/4.
563
39
GAMEWELLCOMPANY.
The Rounding Bottom of 1932 showing atemporary rally out of pattern.
93
29
GENERAL BRONZE.
Multiple type Bottom formedJuly–September 1945.
86
164
GENERAL MOTORS.
Straight-line Bull Trend. Monthly chart,1938 to 1946.
283
261
GENERAL STEELINDUSTRIES.
Daily, November 1962 to April 1963.Example of a Major Uptrend with normalreactions.
550
179.5.1 GOLD 2005.
A great rounding bottom? Foretelling?
312
67
GOODRICH (B.F)COMPANY.
The remarkably small but perfectAscending Triangle which reversed itsMajor Trend in 1942. Weekly chart.
126
203
GOODYEAR TIRE $5PFD.
Monthly, 1943 to 1947, showing stability ofa conservative preferred stock of the samecompany in the same period.
381
202
GOODYEAR TIRECOMMON.
Monthly, 1943 to 1947, showing rapidadvance of a somewhat speculativecommon stock during a Bull Market.
381
143
GOODYEAR TIRE.
Four Pullbacks to neckline of Head-andShoulders Top. Weekly chart, 1945 to1947.
248
2005. More fun than a googly on a stickywicket.
397
205.8.2 GOOGLE.
AU3772_A007.fm Page 732 Sunday, November 19, 2006 2:46 PM
732
Technical Analysis of Stock Trends
Figure Stock Name
Summary Description of Chart
Page
230
GRANITE CITY STEEL.
Rectangle and Support–Resistancephenomena in 1956 uptrend.
516
102
GREYHOUND.
A conspicuous One-Day Reversal at the1946 Bull high.
173
214
GREYHOUND.
Daily, last half of 1945. Rounding Bottomand advance with reactions to SupportLevels.
480
222
GULF, MOBILE& OHIO.
Daily, first 6 months of 1945. IntermediateBottom and Wedge.
492
170
HOUSTON OIL.
Accelerating trend of a speculative oilstock. Monthly chart, 1938 to 1946.
280
44
HUDSON BAY MINING Major Bottom of 1941 to 1942, a perfectAND SMELTING.Symmetrical Triangle. Weekly chart.
101
65
HUDSON MOTORS.
Series of Triangles in the 1929–32 BearMarket. Weekly chart.
123
97
HUDSON MOTORS.
The 1946 Major Top, a Diamond orComplex Head-and-Shoulders.
167
165
HUDSON MOTORS.
Up-curving Bull Trend. Monthly chart, 1938to 1946.
283
201
HUDSON MOTORS.
Daily chart from January through June1930, showing large Descending Triangle,also Symmetrical Triangle Consolidationduring decline.
361
156
HUDSON MOTORS.
Measuring implications of “failure” inTrend Channel. 1945.
269
10
HUMANA, INC.
Daily, 1988. Head-and-Shoulders Top.
61
185
IBM.
(Exponentially Smoothed). Chartillustrating the buy and sell signals givenby a single, 50-day Moving Average.
647
201.1
IBM.
Perhaps those “best and brightest”fundamental analysts were not as fecklessas one might think from looking at their20-year record.
372
14
IC INDUSTRIES. 1986.
Head-and-Shoulders Top.
66
23.1
ILLUSTRATION OFKILROY BOTTOM
79
79
INCO COMPANY, LTD. Subsequent to the October crash,developed a large Head-and-ShouldersTop.
142
AU3772_A007.fm Page 733 Sunday, November 19, 2006 2:46 PM
Alphabetic Index of Stock Charts
733
Figure Stock Name
Summary Description of Chart
Page
248
INDUSTRIAL RAYONCORPORATION.
Showing Bearish action of a stock throughthe entire year 1957. Daily chart.
534
205.5
INKTOMI.
Scaling the Internet.
411
40
INLAND STEEL.
Semi-dormant Rounding Bottom of 1935.
94
229
INSPIRATIONCONSOLIDATEDCOPPER.
Downtrend and break through MajorSupport.
515
273.2
INTEL.
The heart of the Microsoft computer.Compare MSFT.
567
145
INTERLAKE IRON.
“End run” following a late breakout fromSymmetrical Triangle. 1944.
250
169
INTERNATIONALHYDRO-ELECTRIC.
Up-curving Bull Trend of a high leveragejunior utility stock. Monthly chart, 1938 to1946.
285
90
INTERNATIONALPAPER.
Showing a form of “broadening” which isof doubtful technical significance. Weeklychart, 1945 to 1947.
159
120
INTERNATIONALTELEPHONE& TELEGRAPH.
Saucer- like Consolidation in 1944.
208
144
INTERNATIONALTELEPHONE& TELEGRAPH.
Support “field” of Symmetrical Triangle.1945.
249
38
J.I. CASE.
The Rounding Bottom of 1932 showing atemporary rally out of pattern.
92
139
JEWEL TEA.
Major Support–Resistance Levels on 1936to 1946 monthly chart.
242
46
JOHNS–MANVILLE.
Triangular Bottom development of 1941 to1942. Weekly chart.
104
135
JONES & LAUGHLIN.
Normal trend action illustrating Supportand Resistance. Weekly chart, 1944 to 1947.
234
77
KENNECOTT COPPER. Series of Consolidation Formations in 1937Bear Trend.
140
138
KRESGE (S.S.)COMPANY.
1936 to 1946 monthly chart showingimportant Support–Resistance Levels.
240
224
LEHIGH VALLEYRAILROAD.
Daily, end of 1945, beginning of 1946. Gapsof various types.
495
236
LIBBY, McNEILL& LIBBY.
Monthly, 1927 to 1930. Showingcontinuance of Bullish Trend into 1930.
522
AU3772_A007.fm Page 734 Sunday, November 19, 2006 2:46 PM
734
Technical Analysis of Stock Trends
Figure Stock Name
Summary Description of Chart
Page
176
LIGGETT & MYERSTOBACCO B.
Straight-line trend characteristic of tobaccostocks. Monthly chart, 1938 to 1946.
289
69
LIMA LOCOMOTIVEWORKS.
Rectangular pattern of “conflict” in 1944 to1945.
131
132
LION OIL COMPANY.
An Island “shakeout” in a thin stock. 1947.
226
266
LIVINGSTON OILCOMPANY.
Weekly, January 1965 into January 1966.Downside Major Trend, SymmetricalTriangle Bottom, Major Reversal touptrend.
555
21
LOCKHEED AIRCRAFT. A Head-and-Shoulders Bottom Reversal inDecember 1943.
76
70
LOEW’S, INC.
Perfect Rectangle of the “pool operation”type, 1936.
133
99
LOEW’S, INC.
Falling Wedge of classic form in 1936; Flagand Rectangle.
169
249
LORILLARD.
Showing Bullish action of a stock throughthe entire year, 1957. Daily chart.
536
104.4
LUCENT.
Late 20th, early 21st century schizophrenia.
186
104.4.1 LUCENT.
What happened after the chart in 104.4
187
223
MARTIN-PARRY.
Daily, 6 months in 1945. Pennant, showingformation of Consolidation Pattern athalfway point in advance.
494
105
MARTIN–PARRY.
Ideal Flag in rapid advance of 1945.
195
231
MASONITE.
Downtrend showing Support–Resistancephenomena. 1956.
517
24
MCA, INC.
1986. Complex Head-and-Shoulders Top
81
271
MEMOREXCORPORATION.
Daily, September 1969 through May 1970.Last “Bull” fling for Memorex beforegapping down with volume in February1970.
562
118
MIAMI COPPER.
A genuine Scallop uptrend in 1945.
205
104.2
MICROSOFT.
A key reversal day in March.
183
205.1
MICROSOFT.
A multitude of lessons in Microsoft.
403
205.1.1 MICROSOFT.
A Monthly perspective.
404
205.1.2 MICROSOFT.
2005. The long view after the fall.
405
112
B. An overlong Flag which workednevertheless. 1936.
197
MULLINSMANUFACTURING.
AU3772_A007.fm Page 735 Sunday, November 19, 2006 2:46 PM
Alphabetic Index of Stock Charts
735
Figure Stock Name
Summary Description of Chart
Page
68
NASH–KELVINATOR.
Rectangular distribution area of 1945 to1946.
130
158
NASH–KELVINATOR.
Downtrend Channel in 1946.
272
107
NASH–KELVINATOR.
Flag of “Half-Mast” type preceding 1937Bull Market Top.
192
104
NATIONAL CASHREGISTER.
An example of “One-Week Reversal” in1941. Weekly chart.
178
137
NATIONALDISTILLERS.
1926 to 1947 monthly chart showing MajorSupport–Resistance Levels.
238
53
NATIONAL GYPSUM.
A typical Symmetrical Triangle leading tocontinuation of the preceding trend in 1944to 1945. Weekly chart.
111
106
NATIONAL GYPSUM.
An up Flag and another false move fromapex of Triangle. 1945.
191
49
NATIONAL GYPSUM.
A false move out of the extreme apex of aSymmetrical Triangle.
107
85
NATIONAL GYPSUM.
Triple Bottom of 1941 to 1942. Weekly chart.
149
32
NATIONAL SUPPLY.
The “two-headed” Top Formation of 1946.
91
19
NEW YORKCENTRAL.
Head-and-Shoulders Top in June throughJuly 1945, followed by a MultipleHead-and-Shoulders Bottom.
71
103
NEW YORKCENTRAL.
A typical Panic Selling Climax in 1937.
175
273.3
NOKIA.
The story of the communicationsrevolution.
568
50
NORTH AMERICANCOMPANY.
Symmetrical Triangle topping a recoveryfrom a Panic Low in 1937.
108
43
NORTHERN INDIANA A magnificent Scalloping tendency.PUBLIC SERVICE.
97
225
NORTHERN PACIFIC.
Daily, 6 months in 1944. Support andResistance phenomena; also showingSymmetrical Triangle and reaction to apex,and small Rectangle.
498
242
NORTHROPAIRCRAFT.
1954 to 1955. Descending Triangle at animportant top.
524
243
NORTHROPAIRCRAFT.
1956 to 1957. Ascending Triangle andupside breakout.
525
AU3772_A007.fm Page 736 Sunday, November 19, 2006 2:46 PM
736
Technical Analysis of Stock Trends
Figure Stock Name
Summary Description of Chart
Page
189
OATS FUTURES, MAY1997
(with Stochastic Chart). Stochastic %K and%D lines generating signals and showingthe “cluster” effect. Also the 1996 chartshows 9day and 18day Moving Averageand trend pattern lines.
656
179.4
OATS.
Tracing “normal” patterns during the 1940s(5th ed.).
293
205.4
ORACLE.
Your modern misshapen rectangles inOracle again, marked by runaway days andgaps.
410
269.1
ORACLE.
Lest one think that the air pocket gap doesnot still exist, here is an example from theturn of the century (third millennium).
560
246
OTIS ELEVATOR.
Showing a full year of a typical daily charton TEKNIPLAT charting paper. Shows along Triangle Consolidation, eventuallyfollowed by a continuation of the MajorAdvance. 1954 to 1955.
529
111
PACIFIC TIN.
Flag, following and succeeded byTriangles, in 1944.
196
267
PACKARD–BELLELECTRONICS.
Daily, August 1965 to January 1966. Flagshowing “Half-Mast” situation, and a largeAscending Triangle with powerfulbreakout move on the upside.
556
205.2.1 PALM
Masquerading as PLMO. A Continuationof the shell game.
407
205.2.2 PALM
Masquerading as PSRC. Which shell is itunder?
408
205.2
PALM.
Fool’s gold. Fool’s gold with naivete writlarge on it.
406
154
PAN AMERICANAIRWAYS.
Descending Triangle Top and long, DoubleDowntrend Channel. 1945 to 1946.
267
152
PARAMOUNTPICTURES.
Double trendlines in acceleratedIntermediate Advance. 1945 to 1946.
265
92
PARAMOUNTPICTURES.
The 1946 top, a Right-Angled BroadeningPattern with horizontal bottom line.
162
219
PARAMOUNTPICTURES.
Weekly, 1941 to 1943. Double Bottom,breakout, and reaction to Support beforemain advance.
488
AU3772_A007.fm Page 737 Sunday, November 19, 2006 2:46 PM
Alphabetic Index of Stock Charts
737
Figure Stock Name
Summary Description of Chart
Page
268
PARKE, DAVIS& COMPANY.
Daily, July 1969 to June 1970. This could beregarded as a very flatHead-and-Shoulders Top, or as a longRounding Top.
557
134
PENNSYLVANIARAILROAD.
Changes in technical lines required byex-dividend decline.
229
151
PHILLIPSPETROLEUM.
An exception to the normal consequencesof valid trendline penetration. Weeklychart, 1935 to 1938.
263
33
PHILLIPSPETROLEUM.
The 1946 Top — a Multiple Pattern merginginto a Rounding Turn.
89
253
POLAROID.
First 6 months of 1962. Long Rectanglefollowed by a precipitous drop afterpenetration of Support. Daily chart.
542
31
PUBLIC SERVICE CORP. Weekly chart showing Multiple BottomOF NJ.pattern of 1941 to 1942.
87
270
PUBLIC SERVICEELECTRIC & GAS.
Monthly, 1969 through 1970. A typicalelectric and gas utility stock.
561
84
PUBLICKERINDUSTRIES.
Triple Top of 1946.
148
104.1
QUALCOMM.
A church spire top in Qualcomm.
182
159
R.H. MACY.
Complex Top in 1946 and penetration ofIntermediate Up Trendline. Tentative FanLines.
273
140
REMINGTON RAND.
Descending Triangle Top and significantfailure of Support. Weekly chart, 1945 to1947.
243
218
REMINGTON RAND.
Daily, end of 1944, beginning of 1945. Seriesof Rectangles during Bull Market Advance,and return moves to Support Levels.
486
17
REPUBLIC AVIATION.
Its 1946 Bull Market Top. The Headand-Shoulders measuring formula.
69
80
REPUBLIC STEEL.
Major Double Top of 1946 with subsidiarypatterns.
143
172
REPUBLIC STEEL.
Typical Bull Trend of steel stocks. Monthlychart, 1938 to 1946.
287
63
REVERE COPPER& BRASS.
Large Descending Triangle Top of 1946.
122
AU3772_A007.fm Page 738 Sunday, November 19, 2006 2:46 PM
738
Technical Analysis of Stock Trends
Figure Stock Name
Summary Description of Chart
Page
195
ROUGH RICEFUTURES, JANUARY1997.
Swing Failures show a sell signal and a buysignal for Rough Rice Futures for 1996.
665
241
S.S. KRESGE.
Monthly, 1953 to 1956. Generally BearishMajor Trend.
523
100
SCHENLEYDISTILLERS.
A large Wedge which signaled a PrimaryTop in 1946. Weekly chart.
170
207
SCHENLEYDISTILLERS.
Weekly, 1945 to 1946. Habits of a stock ofhigh sensitivity.
420
75
SEARS, ROEBUCK.
A “hybrid” Major Bottom Formation in1941 to 1942.
138
45
SEARS, ROEBUCK.
Symmetrical Triangle Top of 1946, andsubsequent step-down pattern of sameform.
102
58
SEARS, ROEBUCK.
The Symmetrical Descending Triangle Topof 1936 and subsequent IntermediateRecovery Bottom of ascending form.
116
96
SHELL UNION OIL.
1946 Major Diamond Top and DescendingTriangle.
165
179.5.2 SILVER 2005.
Another great rounding bottom?
313
179.5.3 SILVER MAY 2005.
Lessons in agility, gaps and run days.
314
61
SOCONY–VACUUMOIL.
Ascending Triangle forming head ofHead-and-Shoulders Bottom in 1942.Weekly chart.
120
71
SOCONY–VACUUMOIL.
Rectangle Top Formation of