A battle goes on in the stock market and the tape is your telescope. You can depend upon it seven out of ten cases.

The speculators deadly enemies are: Ignorance, greed, fear and hope. All the statute books in the world and all the rules of all the Exchanges on earth cannot eliminate these from the human animal.

Nowhere does history indulge in repetitions so often or so uniformly as in Wall Street.

And for a sucker play a man gets sucker pay; for the paymaster is on the job and never losses the pay envelope that is coming to you.

When it comes to selling stocks, it is plain that nobody can sell unless somebody wants those stocks.If you operate on a large scale you will have to bear that in mind all the time.

If a stock doesn’t act right don’t touch it; because, being unable to tell precisely what is wrong, you cannot tell which way it is going. No diagnosis, no prognosis. No prognosis, no profit.

the public never is independently responsive to news.