Humphrey B Neill Knihy

Focusing on the principles of tape reading and price-volume analysis, this classic work emphasizes the importance of independent thinking in trading. Neill, a pioneer in contrarian strategies, warns against following the crowd, asserting that collective thinking often leads to mistakes. He advocates for diligent study and educated decision-making as keys to success in trading. Neill's insights remain relevant in today's complex market, reinforcing that mechanical methods cannot replace sound judgment and the understanding of market movements.

Distributed by the University of Nebraska Press for Caxton Press"When everybody thinks alike, everyone is likely to be wrong."  The ten words quoted above are, according to Humphrey B. Neill, a potent factor behind the economic booms and busts that blight our civilization.  The "Mississippi Bubble", Holland's incredible "Tulipmania" and the New York stock market crash of 1929 are historic examples of disasters magnified and hastened by the pressure of mass opinion.  Neill describes these occurrences in detail and tells the reader how to avoid and recognize the dangers that "following the pack" can pose to the discerning investor.