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Old 10-18-2007, 11:15 AM
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Re: Techniques of Tape Reading

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I like this book a lot. I don't understand the comments about not being about tape reading at all.
I think the confusion has to do with the definition of "tape reading". Tape reading refers to the historical method of reading a ticker tape that came out of a ticker tape machine. There were no charts back in the early days. If you use this as the definition of tape reading, then Graifer's title of his book is misleading.
In today's terms, tape reading would then mean looking at "Time and Sales" data and nothing else.
If you want to learn about historical tape reading then look at the early works such as

"Studies In Tape Reading" by Rollo Tape (Richard Wycoff)
"Tape Reading & Market Tactics" by Humphrey B. Neill
"Ticker Technique" by Orline D. Foster
and the all time classic:
"Reminiscences of a Stock Operator" by Edwin Lefevre

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