Ticker Tape Reading
See the main article: Ticker tape
In recent decades with the popularity of PCs and later the internet, and through them, the electronic trading, the chart analysis became the main and most popular branch of technical analysis. But it is not the only one branch of this type of analysis.
One very popular form of technical analysis until the mid-1960s was the "tape reading". It was consisted in reading the market informations as price, volume, orders size, speed, conditions, bids for buying and selling, etc.; printed in a paper strip which ran through a machine called a stock ticker. It was sent to the brokerage houses and to the homes and offices of most active speculators. Such a system fell into disuse with the advent in the late 60's, of the electronic panels.
Read more about this topic: Technical Analysis
Famous quotes containing the words ticker tape, ticker, tape and/or reading:
“Most people aren’t appreciated enough, and the bravest things we do in our lives are usually known only to ourselves. No one throws ticker tape on the man who chose to be faithful to his wife, on the lawyer who didn’t take the drug money, or the daughter who held her tongue again and again. All this anonymous heroism.”
—Peggy Noonan (b. 1950)
“Most people aren’t appreciated enough, and the bravest things we do in our lives are usually known only to ourselves. No one throws ticker tape on the man who chose to be faithful to his wife, on the lawyer who didn’t take the drug money, or the daughter who held her tongue again and again. All this anonymous heroism.”
—Peggy Noonan (b. 1950)
“I could buy one
Tape and get another free. I accept- Ed the deal, paid for one tape and
Chose a free one. But since I’ve been
Repeatedly billed for my free tape.”
—John Ashbery (b. 1927)
“... in doing our psychology, we want to attribute mental states fully opaquely because it’s the fully opaque reading which tells us what the agent has in mind, and it’s what the agent has in mind that causes his behavior.”
—Jerry Alan Fodor (b. 1935)