Table of Contents
Part I: A Wyckoff-Lowry Analysis of Major Market Tops and Bottoms Since 1968
Chapter 1 Richard D. Wyckoff and Lyman M. Lowry: The Analysts and Their Methods
The Wyckoff and Lowry Methodologies: A More In-Depth Look
Chapter 2 How Major Market Tops Form: Part I, The Preliminaries
The Life Cycle of a Market Uptrend (a.k.a. a Bull Market)
Characteristics of a Major Market Top
The Top of the 1966–1969 Bull Market
The Top of the 1970–1973 Bull Market
The Top of the 1975–1976 Bull Market
The Top of the 1980–1981 Bull Market
The Top of the 2003–2007 Bull Market
Chapter 3 How Major Market Tops Form: Part II, The End Game
Idealized Major Market Topping Pattern (Part II)
Using Lowry’s Measures of Supply and Demand to Supplement the Wyckoff Analysis
Final Stages of the 1968–1969 Market Top
The End of the 1972–1973 Market Top
The Drawn-Out Conclusionto the 1976 Market Top
The Less Drawn-Out 1980–1981 Market Top
The Preamble to the Worst Bear Market Since 1929–1932—the Final Stages of the 2007 Market Top
Chapter 4 How Major Market Bottoms Form: Part I, Panic and Capitulation
The Life Cycle of a Market Downtrend (a.k.a., A Bear Market)
The Bottom of the 1968–1970 Bear Market
The Bottom of the 1973–1974 Bear Market
The Bottom of the 1981–1982 Bear Market
The Bottom of the 2000–2003 Bear Market
The Bottom of the 2007–2009 Bear Market
Chapter 5 How Major Market Bottoms Form: Part II, Accumulation and Breakout
Idealized Major Market Bottoming Pattern (Part II)
The Bottom of the 1968–1970 Bear Market
The Bottom of the 1973–1975 Bear Market
The Bottom of the 1981–1982 Bear Market
The Bottom of the 2000–2003 Bear Market
The Bottom of the 2007–2009 Bear Market
Chapter 6 Building a Cause: How R.D. Wyckoff Uses Point and Figure Charts to Establish Price Targets
Construction of a Point and Figure Chart
Point and Figure Charts as Applied to Major Market Tops and Bottoms: The Horizontal Count
The 1969 Market Top and Targets for the Bear Market
The 1970 Market Bottom and Targets for the 1970–1973 Bull Market
The 1972–73 Market Top and the Severe Bear Market into the 1975 Low
The Drawn-Out Market Top in 1976
The 1981 Market Top and Approaching End of the Secular Bear Market
The 1982 Market Bottom and the Start of the Secular Bull Market 1982–2000
The 2007 Market Top and Start of the Worst Bear Market Since the 1929–32 Wipeout
Chapter 7 Identifying Major Market Tops and Bottoms: Other Tools to Consider
Advance–Decline Lines and Major Market Tops and Bottoms
Operating Companies Only Advance–Decline Lines
The Cyclical Nature of Advance–Decline Lines
Another Useful Indicator for Signaling a Major Market Top
The 30-Week Moving Average in Practice
Chapter 8 The Curious Case of the 2000–2001 Market Top and Demise of the Secular Bull Market
The Major Market Indexes at the 2000–2001 Top and Ensuing Bear Market
The 2000–2001 Market Top and the NYSE Advance–Decline Line
The Ten S&P Industry Sectors and the Market Top
Chapter 9 A Wyckoff/Lowry Analysis of the 2000 Market Top
The 2000–2001 Market Top According to the S&P 500
The 2000 Market Top and Bursting of the Bubble in the NASDAQ Comp. Index