Sourced

• Markets can remain irrational longer than you can remain solvent.
  • John Maynard Keynes
• Trends are highways to develop further ideas on them, whereas hypes are dead-end roads. Only the first player will profit.
  • Michael Hänni, Co-founder of trendguide.com

• Bane [Baldwin Bane, New York chief of the SEC] was being bedeviled by a promoter who wanted his approval to register stock in a gold mine. Every day, Bane, who smelled a rat, found a reason to turn away the promoter, always demanding more information. One day Bane, opening his mail, mistakenly read a telegram for the promoter from his partner out west. It read, "CANCEL REGISTRATION. HAVE FOUND GOLD."
  • Martin Mayer in his book Wall Street - Men and Money, 1955.
  • See U.S. Securities and Exchange Commission.

Trends in stock markets

• The trend is your friend!
  • Dr. George Lane

• In a bull market the trend of prices, of course, is decidedly and definitely upward. Therefore whenever a stock goes against the general trend you are justified in assuming that there is something wrong with that particular stock.
  • Jesse Lauriston Livermore

• The trend has been established before the news is published, and in bull markets bear items are ignored and bull news exaggerated, and vice versa.
  • Jesse Lauriston Livermore

• These guys believe that a 350 billion dollar tax cut will stimulate the economy, and they are full of shit. Because they don't know what stimulates the economy. The economy goes up, it goes down, it goes up, it goes down, it goes up, it goes down, nobody knows why the fuck it happens. And I know this because I took economics, and I'd explain it to yea'... but I flunked that course. Not my fault. They taught it at 8 o'clock in the morning. And there is absolute nothing that you can learn out of one bloodshot eye. After I failed my second test, I grabbed my teacher by the front of the shirt and said "Are you *trying* to keep this shit a secret?"
  • Lewis Black

External link

• Stock trading wizard:Nicholas Darvas
• Trading and Settlement - Indian stock market: trading