Published by Alanpuri Trading, Los Angeles, CA, U.S.A., 2015
Seller: Alanpuri Trading, Rancho Cucamonga, CA, U.S.A.
Soft cover. Condition: New. Reprint. Softcover, REPRINT. exact facsimile of the 1972 edition. Book Condition: New, Contents: per cover, "An elementary dissertation on the inadequacy of stock market analysis methods employed by the average amateur speculation enthusiast, plus a detailed presentation of two trend analysis techniques and some observations on profit making." -- For those of you who don't know about Edwin Coppock (E.S.C. Coppock), he was the founder of Trendex, a service in the 60's and 70's that specialized in relative strength work in both stocks and industry groups. Coppock developed the "Coppock Curve," or "Coppock Indicator to calculate buy signals for long-term investors. The equation: Coppock = WMA[10] of (ROC[14] + ROC[11]). The Coppock indicator first appeared in Barron's Magazine in October 15, 1962. It was noted in a 2001 interview with John Bollinger in Active Trader Magazine (of Bollinger Band fame) that Coppock's work with computers and the ability to "trade without emotion" became a catalyst for Bollinger's technical analysis work. -- 52 pages, REPRINT, Extremely Scarce Title by Coppock.
Published by Trendex Research Group, San Antonio, TX, 1957
Language: English
Seller: Alanpuri Trading, Rancho Cucamonga, CA, U.S.A.
First Edition
Soft cover. Condition: Very Good. 1st Edition. Softcover, blue card wrappers with black title to cover, 36 pp. includes PerryGraf Invest-O-Guide (a cardboard, circular rotating calculator designed to help investors quickly compute and visualize relative strength ratios without needing a slide rule or complex math. Book Condition: Very good, light soil and fading to covers, a rectangular sticker was applied and removed from the front cover leaving a stain from the adhesive. (see photos). Book Description: In Practical Relative Strength Charting, E.S.C. Coppock?who would later gain recognition for developing the Coppock Curve?lays out a methodical, down-to-earth approach to relative strength analysis that remains relevant for students of market behavior today. Written in a post-war era when retail investors were just beginning to explore technical methods, Coppock makes a compelling case for using trend-based comparisons to improve investment decisions. Through clear prose and practical illustrations, Coppock explains how investors can compare the performance of individual stocks to a composite average?like the Dow-Jones 65-stock index?and use basic arithmetic to track and chart these ratios over time. He emphasizes the importance of consistent methodology, semilogarithmic charting, moving averages (specifically 8-week and 30-week), and pattern recognition. The book doesn't promise quick riches but instead presents a disciplined technique for identifying securities that are outperforming or underperforming the broader market. Along the way, Coppock offers observations on investor psychology, market cycles, and the value of using objective data over emotional intuition. Contents: 1. Introduction - Defining the nature of investment selection and relative strength, 2. Why Relative Strength is Essential, 3. Investor Psychology & Market Behavior, 4. Constructing Relative Strength Charts;: Ratio calculations, Semilogarithmic scaling, 5. Technical Tools: 8?week and 30?week moving averages, Recognizing patterns in strength trends, 6. Practical Use Cases: Stock selection, Timing and allocation, 7. Navigating Pitfalls: Misinterpretations, Chart hygiene, 8. Conclusion - The enduring value of disciplined, comparative charting - Extremely Scarce Title w/ Invest-O-Guide, 36pp.