Stock Chart Quotes & Sayings

Literally draw a detailed map-like an organization chart-of interlocking ownership and affiliates, many of which were also publicly traded. So, identifying one stock led him to a dozen other potential investments. To tirelessly pull threads is the lesson that I learned from Mike Price. — Seth Klarman

Don't read too many research reports and newspaper articles. If a chart does not show an increase in price and an increase in volumes even if there is excessive good news, it is likely the news is not as great as it has been made to sound. If a chart shows increase in both price and volumes, even when no one seems to notice the stock, you can be sure something is causing the stock's price to rise with rising volumes over a period of time. — Ashu Dutt

The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. Arithmetic scale is quite acceptable for tracking hourly waves. Channeling techniques work acceptably well on arithmetic scale with shorter term moves. — Robert Prechter

Something about the structure of my brain, its associative, porous, open-endedness, was defenseless against the ever-enlarging Web. Every video, news story, photo, email, stock chart, sexy picture, and five-day weather forecast was an enticement to step into the forest, and once I was two or three bread crumbs down the path, the witches had me, I was in their oven. — Walter Kirn