The Todd Theory of Market Measurement and Price Protection (1953 Edition)

Softcover, reprint, exact facsimile of the 1953 Edition (27 pp.) and earlier 1952 Edition (20 pp.), originally self-published by F. Payson Todd in 1952 and 1953, Contents: Introduction, Key to Terminology, 1. Phases, 2. Legs. 3. Waves, 4. Wavelets, 5. Movements - Price Projection Formula, Reverse Head and Shoulders Pattern, Controversial Interpretations, Examples shown using Dow Jones Industrial Averages -- end. 47 pp. Summary: (from the Introduction) During the past quarter century of stock market research, this office has continuously studied methods of analysis by which Price Trends could be projected in advance. Such efforts have for the most part fallen into the categories of Time, Price and Volume. This particular study shows how the rise and fall of stock market trends conform to a rhythmic series of Price Patterns. The following charts and pages disclose the conclusions to which we came in regard to our measurements under The Wave Theory, and depict the manner in which the market has responded to our calculations. -- end. 47 pp.…