Now in its 8th edition with about 1,000,000 copies in print Technical Analysis of Stock Trends by Edwards and Magee as revised and modernized by W.H.C. Bassetti. It is the definitive textbook and manual on the practice of technical analysis through the analysis of charts. It is probably accurate to say that all technical analysis has its roots in this book. And it is also true that the provenance of this book boasts a lineage of masters of the craft which goes back to Charles Dow.

The ideal approach to Technical Analysis of Stock Trends is this present book, written and revised especially for that purpose from its first edition by Magee, by W.H.C. Bassetti. The 8th Edition is rich, complex and subtle--and very long. The Introduction gives a newcomer a concise conceptual grasp of the content of the 8th. It allows him to practice without further study, or to proceed to more advanced study in the 8th from a firm intellectual foundation.

 

This edition is much praised by professionals in the field.

Professor Henry Pruden, a world authority on technical analysis made these remarks in his review of the book: "John Magee's Analyzing Bar Charts for Profit was, in its first edition, one of the better introductions to technical analysis for the beginner. now in its second edition with modernizations and annotations by Charles Bassetti, it is the best introduction to the craft of chart analysis. Adding to the elegant presentation of Magee, the master, Bassetti, his student, has admirably rounded out the book with illustrations and examples from other areas of technical analysis as well as providing a vital summation of the Magee Method. This is one of the best books with which to begin the study of technical analysis."

 

Mark Wainwright of Paradigm Trading Systems, successor to the distinguished firm, Options Research Inc, assayed the book as follows: "Just as Technical Analysis of Stock Trends (8th Ed.) is the definitive work on chart analysis, this book is the definitive introduction to technical analysis. Books on technical analysis are often stiff, overly mathematical and boring. This book is a welcome exception. It is concise, interesting and well written, in short an excellent beginning for beginners.