"Irs"ve been reading technical analysis works for forty years. This is the first book on the subject worthy of being called both comprehensive and disciplined. It will be a great asset to both practitioners and serious students alike." Phil Roth, CMT, Chief Technical Market Analyst, Miller Tabak + Co. "The authors deftly straddle the divide between the artistic and the rigorous aspects of technical analysis. The publication of this text is an important financial-market event and the authors are to be congratulated." John Bollinger, CFA, CMT, President, Bollinger Capital Management "The authors have done a superb job of making the subject so understandable, setting goals for each chapter, and seeing they are met, with a concise summary at each chapterrs"s end. After four decades of practicing the subject, I am proud to place my colleaguesrs" book in a prominent spot in my technical analysis library." Alan R. Shaw, CMT, former Managing Director, Smith Barney, second President of Market Technicians Association "As both a technical analysis teacher and practitioner, I have long looked for a book that covers the subject from a practitionerrs"s perspective and at the same time meets a studentrs"s need to learn a complete body of knowledge. Kirkpatrickrs"s and Dahlquistrs"s book is the first I have seen that hits the mark on both fronts." Bruce M. Kamich, CMT, Adjunct Professor of Finance, Baruch College, and former President, Market Technicians Association "This book is an excellent contribution to technical analysis literature. The authors are careful not to overstate the powers of technical analysis, and they include an appendix on statistical procedures and end-of-chapter review questions to empower the new technical analysis student. As either a stand-alone text or as a companion to other technical analysis books, this book should appear on every technicianrs"s bookshelf." Hank Pruden, Professor of Business and Executive Director, Institute for Technical Market Analysis, Ageno School of Business, and Golden Gate University Technical Analysis is the first book on the subject suitable for full-length courses taken to achieve the Chartered Market Technician (CMT) designation and Series 86 exam exemption. Individual investors, investment managers, and researchers are increasingly recognizing the value of technical analysis. In fact, the SECrs"s Section 86 requirement for analysts and brokers can now be fulfilled with the Chartered Market Technician designation. Now, for the first time, therers"s a comprehensive, objective, and clearly-written tutorial and reference for the entire technical analysis field. Using more than 200 illustrations, the authors show ways to analyze both markets and individual issues and present complete investment systems and portfolio management plans. Readers can learn ways to use tested sentiment, momentum indicators, seasonal effects, flow of funds, and many other key techniques. The authors reveal which chart patterns and indicators have been reliable, show how to test systems, and demonstrate ways technical analysis can be used to mitigate risk. Charles D. Kirkpatrick, CMT, has spent decades using technical analysis to advise major investing institutions, and currently teaches the subject at the university level. University finance instructor Dr. Julie Dahlquist teaches both graduate and undergraduate courses in technical analysis, is a widely published researcher in the field, and serves on the board of the Market Technicians Association Educational Foundation. Together,