Investment Education and Training In Stocks & Bonds Investment Directory

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Andrews Pitchfork Primer In Stock Futures Funds Directory

 

Back in the 1960s, Dr. Alan H. Andrews launched a one-of-a-kind home study course for stock and commodity traders. His idea was to help investors gain confidence in the wonderful order underlying random change. He aimed his course at traders with common sense, and a deep desire to become wealthy. In the course, and at seminars for course members, Dr. Andrews taught the fine points of his Action/Reaction techniques. One of those techniques was The Pitchfork. It was to become his namesake. Originally called the Median Line Study, it is included today in several well-known computer charting programs. The Andrews Pitchfork, as it is called these days, is a powerful set of chart lines drawn at uncommon places on a price chart. When linked together, the arrangement of lines resembles a farmers pitchfork. So, thats what people started calling his median line study....Andrews Pitchfork. But his trading course covered a lot more ground than just The Pitchfork. The course theme was based on the Law of Action and Reaction, as suggested to him by a close friend, Roger Babson, to whom he gave much of the credit for his findings. Mr. Babson, the author of several business and finance books, was regarded as a foremost authority on the application of Newtons Action and Reaction Law, as it related to business cycles and stock market price swings. Dr. Andrews stopped offering his course several years ago because of his advancing years and failing health. He has since passed away. I was privileged to become acquainted with Dr. Andrews through his course and at his advanced seminars.

 

Website: http://www.pitchforkprimer.com/