Profits in Volume
Profits in Volume by Richard Arms
Now, for the first time in years…The landmark book on Equivolume Charting that described the methodology and its application for the first time---is available again. Presented in its original form, this is the classic that tied volume and price together, allowing investors to analyze not only the way in which a stock is moving, but the underlying pressures involved in that movement. And uniting volume and price into a single entry provides the investor with a unique view, unrealized in a traditional bar chart.This innovative technique was the outgrowth of Dick Arms' development of the widely known Arms Index, often referred to as the short term trading index (TRIN). The Arms Index work led him to the realization of the importance of volume as an analysis tool. And this index is so important to investors that it is recapped daily in the Wall Street Journal, and weekly in Barron's. It is also recalculated and displayed every minute on CNBC ticker tape.
Whether you're just learning about Equivolume Charting, hoping to get a more indepth look into Arm's famous technical tools, or searching for ways to profit from the driving forces of the market---Profits in Volume is a must have book.
Paperback: 200 pages
Publisher: Marketplace Books (October 15, 1999)