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When the man who ought to want a stock doesn't want it, why should I want it?
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When you find that it fails to respond adequately to your buying you don't need any better tip to sell.
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The public always wants to be told.
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They say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market.
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It is a very old thing, this of noting the behavior of a stock and studying its past performances.
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The game taught me the game.
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No man can always have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play.
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There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape.
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I noticed that in advances as well as declines, stock prices were apt to show certain habits, so to speak. There was no end of parallel cases and these made precedents to guide me.
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Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market to-day has happened before and will happen again. I've never forgotten that. I suppose I really manage to remember when and how it happened. The fact that I remember that way is my way of capitalizing experience.