2011 11 08 George Lindsay and the Art of Technical Analysis

					GeorgeLindsay.com




  Seattle Technical Advisors
    “The stock market game
      isn’t worth the candle if
      you settle for a gain of a
      mere 10% to 12% a year,
      as so many do. It isn’t
      worth the time, the study
      and the worry to make so
      little.” – George Lindsay
Seattle Technical Advisors
   Seattle Technical
     Advisors.com




Seattle Technical Advisors
       "A very popular error -
     having the courage of one's
      convictions: Rather it is a
     matter of having the courage
      for an attack upon one's
      convictions." - Nietzsche


Seattle Technical Advisors
Seattle Technical Advisors
Everyone times the market. Some
people buy when they have
money, and sell when they need
money, while others use methods
that are more sophisticated.
– Marian McClellan, Co-founder McClellan Oscillator


  Seattle Technical Advisors
                             Wall Street Week
Seattle Technical Advisors    with Louis Rukeyser
          3 Peaks/ Domed House




Seattle Technical Advisors
                        Three Peaks




8 months




Seattle Technical Advisors
                                   February1966

                     Three Peaks
                             3




                      2
             1




Seattle Technical Advisors
                      Three Peaks

                     2
       1                     3




  October 1946


Seattle Technical Advisors
                Separating Decline




Seattle Technical Advisors
                      Domed House




Seattle Technical Advisors
                             Base




                                221-224
                                Calendar
                                 days

Seattle Technical Advisors
                     First Floor Wall




Seattle Technical Advisors
                    First Floor Roof




Seattle Technical Advisors
                 Second Floor Wall




Seattle Technical Advisors
                             Cupola




Seattle Technical Advisors
           Lindsay Timing Model

• 107-day top to top interval
• Low-to-Low-to-High interval




  Seattle Technical Advisors
     107-Day Top to Top Count




                                  107 Days



                       Key Date


Seattle Technical Advisors
                             Key Range




Seattle Technical Advisors
“Whenever there is a well-defined
Double-Top, or approximate Double-
Top, the low day of the dip between
                                                 Double Top
the two peaks is nearly always the
correct Key Date.”




                                      Key Date




       Seattle Technical Advisors
“When the dip ends at a
Double Bottom…the first low
Is nearly always the correct one.”
                                          Double Bottom




                                       Key Date



          Seattle Technical Advisors
“When a top formation is neither a head-and-shoulders
nor a Double top, prices usually remain close to the
highest point only a very short time. In such cases, the   Final Dip
Key Date is nearly always the last dip on the way up to
the high.”




                                            Key Date




          Seattle Technical Advisors
                             Range Dip




                              Key Date




Seattle Technical Advisors
“There are, however, instances when the
Key Date comes after the highest point,   Post Top Count
even though there was a possible Key
Date prior to it.”




                                           Key Date




        Seattle Technical Advisors
                     Bottom to Top


            Key Date




Seattle Technical Advisors
                Sinking Key Range


                             Key Date




Seattle Technical Advisors
            Low-Low-High Count
                                             High




                          X            X
                         Days         Days
                Low             Low

Seattle Technical Advisors
                                                111
                             August 24,
                                          December 13,
                               1961
                                              1961




Seattle Technical Advisors
                                      111
                                  December 13
                                     1961

                             75      75




Seattle Technical Advisors
Exact


                                         13
                                                 13


                                    71
                                                 71

                                                  111
                                              December 13
                          85                     1961
                                                 85
                               75                75




 Seattle Technical Advisors
Within 1 day

                                                          7   7
                                                     13
                                                              13
                                                              46
                                                46

                                      71   49                 49
                                                              71


                                                                  111

                            85
                                                               85

                                 75                           75




   Seattle Technical Advisors
                                                                                                                             Q   HH
                                                                                    12/29/1961                 MM
                                            9/3/1929                                                      X                  V            Y
                                                                                                      D                               E
                                   B                                                                          K     CC
                                                                                         U
        12/31/1914                                                              BB
                                                                                          GG
                                                 O                          J
                           S
                                                         FF
                                                                                                                   11/29/1968
          G                                                           LL        P
                   Z       EE              KK                     W
                                                     T
                                                                                             5/31/1949
                                           AA             C
               N                                                       4/30/1942
A
                                       H

                                   B
1
                                                                                                  D
    A                                                         C                                                                      E
           G                                                                J
2                                      H                                                                      K

                                                                                                                         Q
                                                 O
3
                                                                                P
               N
                               S                                                         U                                   V
4
                                                     T
                                                                                                          X
                                                                  W                                                              Y
5
                                                                                BB
                       Z
                                            AA                                                                     CC
6                                                                                                                                HH
                                                         FF
                                                                                             GG
7                          EE                                                                                 MM
                                           KK
                                                                       LL
8              Seattle Technical Advisors
            Standard Time Spans
    Basic Advances                   Basic Declines
• Subnormal (very rare)         • Subnormal
   – (414-615 days)                – (222-300 days)
• Short                         • Short
   – (630-718 days)                – (340-355 days)
• Long                          • Long
   – (742-830 days)                – (395-425 days)
• Extended
   – (929-968 days)
                                  Principle of Alternation
   – Sideways Movement -          Principle of Continuity


   Seattle Technical Advisors
                     Secondary Lows




        13 Months

Seattle Technical Advisors
                                              Jan’73

Dec’68
              Sideways Movement


                                          809
                                          days
14months



                                 October 1957
                 Jan’70          15 years, 2 months



    Seattle Technical Advisors
                                 3

                             2

                     1
                                                  April 4
                                                  221 days
                                     August 25,
                                       2010




Seattle Technical Advisors
                     Secondary Lows




        13 Months

Seattle Technical Advisors
            Standard Time Spans
  Basic Advances
• Long
   – (742-830 days)



• Extended
   – (929-968 days)




   Seattle Technical Advisors
                             February 18
                              820 days




Seattle Technical Advisors
                             February 18
                              820 days




                                           July 2011
                                           15 years




          July 1996


Seattle Technical Advisors
                                   May 2      July 7
                                  893 days
                             February 18
                              820 days


                                             June 15


                                                   July 2011
                                                   15 years




        July 1996

Seattle Technical Advisors
                             March 16
                                         July 1
                                        107 days




Seattle Technical Advisors
                                               9         9

                                    March 16          July 1
                                                     107 days



                             106                   106

                      November 30




Seattle Technical Advisors
                                                   22             22
                                                                  134
          134




                                             36                   36
                                                        9         9
                                                              July 1
                                        March 16             107 days

                                   82                             82


                             106                            106

                      November 30

                128                                               128




Seattle Technical Advisors
                          Count from the Middle Section

                                                                 July 1




12/1/06               833 days
                                                          833 days




                                        March 9,
          Seattle Technical Advisors
                                        2009
3PDh




                                March 16    July 1
                                           107 days



                                                 July 7
                                                219 days




   Seattle Technical Advisors
January 14                       July 7
   2000




                                          March – September
                                                2012
                                           12y,2m – 12y,8m




    Seattle Technical Advisors
January 14,                      July 7
   2000




                                                June 16,
                                                345 days


                                          March – September
                                                2012
                                           12y,2m – 12y,8m




    Seattle Technical Advisors
                                 July 7
                                               Oct 31, 2013
                                               July 31, 2014


                                                   May 17,
                                                   2014




August 31,                                June 16, 2012
  1998                                      345 days




    Seattle Technical Advisors
   Seattle Technical
     Advisors.com




Seattle Technical Advisors

				
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