ROBERT T KIYOSKI

They originated in Japan the 1700s, as a way to measure the supply & demand of the rice markets:

• They show four price points (open, close, high, and low) throughout the period of time the trader specifies.
• They are used by traders to determine possible price movement based on ...

Pragmatic truth exists in addition to the absolute (scientific) one. Pragmatic truth deals with the practical subjective experience. This is what markets are good for. 

Markets generate 3 forms of pragmatic truth:

1. Price: collective subjective demand of humani...

CYCLICALS

• Keep a close watch on inventories, and the supply-demand relationship. Watch for new entrants into the market, which is usually a dangerous development.

• Anticipate a shrinking p/e multiple over time as business recovers and investors look ahead to the end of the cycle, w...