V. 21:8 (59): Charting The Market by David Penn
Product Description
Charting The Market by David Penn
ON-BALANCE VOLUME
Interviewed by BusinessWeek magazine late in the spring of
2002, legendary market forecaster and technical analyst
Joseph Granville was asked, “Does technical analysis still
work?” The journalist further wondered whether technical
analysis is superior to Wall Street analysis, and if so, whether
Granville’s personal technical methods would work “forever.”
Granville’s response was both classic Granville and
classic market technician:
Of course. Truth is never out of date. There’s only two things that
can change the value of a stock — supply and demand, the only
thing I teach.
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