V.2:6 (212-216): SIDEBAR: Trend again? by Jesse H. Thompson

V.2:6 (212-216): SIDEBAR: Trend again? by Jesse H. Thompson
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Trend again? by Jesse H. Thompson

If you look closely at the method and approach ascribed to such market masters as Dow, Wyckoff, Livermore, Gann, Dunnigan and Jackson, you find trend stated as a primary consideration in all of their market operations. A philosophy which has as its emphasis the definition of trend and its goal as trading in harmony with trend, carries with it the great advantage of probability. The momentum of an established trend is not an advantage to be overlooked.

Franklin P. Jackson typifies this attitude in his 1951 course The Golden Harvest:

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