Trend Letters
Initially created by Richard Wyckoff in 1911 “The Trend Letter” contained information predicting the probable course of the market. The forecasts contained in this Letter were so accurate that a large following was developed. As a result of a series of successful campaigns he was not only overwhelmed with business but brokerage houses throughout the country passed along these advices to their clients. So many followers were thus gained that an undue effect was had on the quotations for the stocks in which he traded, and in certain cases the effect on the market was important.
Trend Letters
Initially created by Richard Wyckoff in 1911 “The Trend Letter” contained information predicting the probable course of the market. The forecasts contained in this Letter were so accurate that a large following was developed. As a result of a series of successful campaigns he was not only overwhelmed with business but brokerage houses throughout the country passed along these advices to their clients. So many followers were thus gained that an undue effect was had on the quotations for the stocks in which he traded, and in certain cases the effect on the market was important.