"THE MOST IMPORTANT THING, OUTSIDE OF YOUR HEALTH, FOR YOU TO PROTECT IS YOUR MONEY": GANN ON STOCK MARKET SPECULATION, FIRST EDITION OF NEW STOCK TREND DETECTOR, 1936
GANN, William D. New Stock Trend Detector. A Review of the 1929-1932 Panic and the 1932-1935 Bull Market. New York: Financial Guardian, (1936). Octavo, original purple cloth, original dust jacket. $2800.
First edition of Gann's influential 1936 classic work on investment and speculation in the stock market, very scarce in original dust jacket.
William Delbert Gann was a leading financial expert in the fields of time and price analysis, best known for his uncanny ability to forecast prices and time yearly highs and lows. He developed methods of forecasting such as the Gann angles, and sets forth many of his techniques in this book, aiming to help investors avoid the "the pitfalls of reckless speculation." Gann urges investors to "have a definite plan or aim in the future. Decide to follow rules when you buy or sell socks, but first prove to yourself that the rules are good and that they work." Gann also includes reliable rules for stock market investment, a discussion of the stock market crash and a wealth of information on specific stocks. With frontispiece portrait. Containing numerous charts of weekly and monthly highs and lows, many full page.
Book fine; faint toning to spine, small bit of chipping to upper edges of extremely good unrestored dust jacket.