| Preface to the Eighth Edition |
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| In Memoriam |
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xix | |
| Prefaces to Previous Editions |
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xxi | |
| Part 1: Technical Theory |
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The Technical Approach to Trading and Investing |
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3 | (6) |
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Technical vs. Fundamental Theory |
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Philosophy of Technical Approach |
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Drawbacks of Fundamental Approach |
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9 | (4) |
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Different Types of Charts |
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Arithmetic and Logarithmic Scales |
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13 | (12) |
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The Forerunner of All Technical Theories |
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Basic Tenets of Dow Theory |
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Characteristic Phases of Bull and Bear Trends |
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The Dow Theory in Practice |
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25 | (20) |
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Applying Dow Theory to the Averages through 1941 |
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The Secondary Correction of 1943 |
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45 | (4) |
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The ``Too Late'' Criticism |
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The Fifty-Year Record of Results |
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Little Help in Intermediate Term Trading |
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The Dow Theory in the 20th and 21st Centuries |
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49 | (4) |
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Updating the Record of the Dow |
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Important Reversal Patterns |
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53 | (18) |
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Divergence between Individual Stocks and Averages |
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Definition of Reversal and Reversal Formation |
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The Head-and-Shoulders Top Pattern |
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Important Reversal Patterns --- Continued |
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71 | (24) |
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Head-and-Shoulders Bottoms |
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Volume and Breakout Differences |
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Multiple Head-and-Shoulders Patterns |
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Rounding Tops and Bottoms |
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Trading Activity on Rounding Turns |
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Patterns on Weekly and Monthly Charts |
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Important Reversal Patterns --- The Triangles |
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95 | (30) |
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Reversal or Consolidation |
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Right Angle Triangles, Ascending and Descending |
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On Weekly and Monthly Charts |
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Important Reversal Patterns --- Continued |
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125 | (22) |
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Double and Triple Tops and Bottoms |
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Important Recognition Criteria |
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147 | (30) |
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Right-Angles Broadening Patterns |
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Rising Wedges in Bear Market Rallies |
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Short-term Phenomena of Potential Importance |
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177 | (8) |
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185 | (22) |
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Reliability Tests for Flags and Pennants |
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On Weekly and Monthly Charts |
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Head-and-Shoulders Consolidations |
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Modern vs. Old-Style Markets |
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207 | (20) |
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Which Gaps Are Significant? |
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Breakaway Gaps Continuation or Runaway Gaps |
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227 | (22) |
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Definition of Support and Resistance Levels |
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How They Reverse Their Roles |
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Reasons for Support/Resistance Phenomena |
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Tests for Determining Potential |
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Implications of a Breakthrough |
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Panic Moves and Recoveries |
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Support-Resistance in the Averages |
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249 | (28) |
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Arithmetic vs. Logarithmic Scale |
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Tests for Trendline Authority |
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Consequences of Penetration |
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277 | (10) |
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Different Forms of Major Uptrends |
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Arithmetic and Logarithmic Scaling |
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Trendlines in the Averages |
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Trading the Averages in the 21st Century |
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287 | (4) |
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Power of Trendlines in Trading the Averages |
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Redrawing the Trendlines as Markets Accelerate |
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Technical Analysis of Commodity Charts |
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291 | (6) |
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Commodity Markets of the 20th (and 21st) Century Suitable for Technical Trading |
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Intrinsic Differences Between Stocks and Commodities as Trading Mediums |
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Summary and Some Concluding Comments |
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297 | (6) |
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Philosophy of Technical Approach |
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Review of Technical Methods |
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Technical Analysis and Technology in the 21st Century: The Computer and the Internet, Tools of the Investment/Information Revolution |
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303 | (8) |
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The Computer and the Internet |
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Tools of the Investment/Information Revolution |
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Separating the Wheat from the Chaff |
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Advancements in Investment Technology |
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311 | (26) |
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Options on Futures and Indexes |
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Importance to the Private Investor |
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| Part 2: Trading Tactics |
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333 | (4) |
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337 | (10) |
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Characteristics of Desirable Speculative Stocks |
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Strategies and Tactics for the Long-term Investor |
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347 | (4) |
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What's a Speculator, What's an Investor? |
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Strategy of the Long-term Investor (Hypothetical) |
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The All-Important Details |
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351 | (4) |
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Suggestions on Chart Keeping |
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Using Computer Technology |
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The Kind of Stocks We Want --- The Speculator's Viewpoint |
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355 | (4) |
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The Kind of Stocks We Want --- The Long-term Investor's Viewpoint |
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359 | (8) |
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Changing Opinions about Conservative Investing |
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Index Shares and Similar Instruments |
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Importance of Modern Trading Instruments |
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Selection of Stocks to Chart |
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367 | (4) |
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Advantages of Listed Issues |
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Selection of Stocks to Chart --- Continued |
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371 | (6) |
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Swing Power within Groups |
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Choosing and Managing High-risk Stocks: Tulip Stocks, Internet Sector, and Speculative Frenzies |
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377 | (12) |
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Managing Speculative Frenzies and Runaways |
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The Probable Moves of Your Stocks |
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389 | (6) |
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Choosing Stocks which Have the Potential to Move Volatility |
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395 | (8) |
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403 | (2) |
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Determining Trade Size and Risk |
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405 | (8) |
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What Is a Bottom --- What Is a Top? |
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413 | (6) |
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419 | (10) |
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Use of Support and Resistance |
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429 | (6) |
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Formulating a Rule for Buying |
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435 | (2) |
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Measuring Implications in Technical Chart Patterns |
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437 | (4) |
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Reactions vs. Primary Moves |
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Tactical Review of Chart Action |
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441 | (30) |
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Multiple Head-and-Shoulders |
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Rounding Tops and Bottoms |
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A Quick Summation of Tactical Methods |
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471 | (4) |
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Effect of Technical Trading on Market Action |
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475 | (2) |
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Technicians a Minority Group |
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Persistence of Ingrained Evaluative Habits |
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Automated Trendline: The Moving Average |
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477 | (6) |
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Sensitizing Moving Averages |
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Crossovers and Penetrations |
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``The Same Old Patterns'' |
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483 | (58) |
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Repetitive Character of Market Behavior Over the Years |
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Additional Chart Examples Covering Market Action up through 2000 |
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541 | (8) |
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The ``Not All'' Principle |
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Reducing Risk and Anxiety |
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Identifying Bull and Bear Market Tops and Bottoms with the Magee Evaluative Index |
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549 | (2) |
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Putting Experience to Work |
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How Much Capital to Use in Trading |
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551 | (4) |
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Application of Capital in Practice |
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555 | (6) |
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Using Composite Leverage According to the Market's Condition |
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Portfolio Risk Management --- Measurement and Management |
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561 | (12) |
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Finding the Sensible Risk Posture |
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Overtrading and Undertrading |
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Controlling Risk per Trade |
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Pragmatic Portfolio Theory |
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Pragmatic Portfolio Risk Measurement |
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Pragmatic Portfolio Analysis |
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The Magee Method of Controlling the Risk |
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573 | (20) |
| APPENDIX A Chapters A--D |
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Chapter A The Probable Moves of Your Stocks (Chapter 24 from the Seventh Edition) |
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575 | (2) |
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Normal Range-for-Price-Volatility |
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Chapter B A Discussion of Composite Leverage (Chapter 42 from the Seventh Edition) |
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577 | (6) |
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Overtrading and a Paradox |
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The Composite Leverage Index of a Single Stock |
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Composite Leverage on a Portfolio |
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Investment Account Policy |
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Negative Composite Leverage |
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Chapter C Normal Range-for-Price Indexes (Appendix B, Fifth Edition) |
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583 | (2) |
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Chapter D Sensitivity Indexes of Stocks (Appendix C, Fifth Edition) |
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585 | (8) |
| APPENDIX B |
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593 | (10) |
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Section 1: The Mechanics of Building a Chart (Chapter 23 from the Fifth and Seventh Editions) |
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Section 2: TEKNIPLAT Chart Paper |
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| APPENDIX C Technical Analysis of Futures Charts (Chapter 16 from the Seventh Edition by Richard McDermott) |
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603 | (30) |
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Applications for the Use of Chart Patterns and Other Indicators in the Trading of Futures/Derivatives |
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Moving Averages, Bollinger Bands, Stochastics, and Others |
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| APPENDIX D Resources |
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633 | (10) |
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| List of Illustrations and Text Diagrams |
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643 | (18) |
| Glossary |
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661 | (26) |
| Bibliography |
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687 | (4) |
| Index |
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691 | |
Other versions by this Author