Wyckoff 2.0 for the 21 First Century
We have recently posted two articles how Gann and Hurst added value to the Wyckoff method. The marketing department (ha) advises that we must issue the added value package with a new brand, the brand will be known as Wyckoff 2.0 (music and clapping in the background). Very fitting for the digital age.
Currently (20110707) every hedge fund manager and institution owns a piece of Apple Inc for the simple reason the stock has been in a 'pure mark up' period since the 2008 lows. Sure a few re accumulation patterns along the way, but a fantastic performing stock. Of course a serious break of the latest blue corridor (1x2 Gann Angle) and a more serious distribution could unfold.Yes you can assume that the Wyckoff 2.0 methods are employed by the top investment houses whether they know it or not.
The Point and Figure Chart always as 'clear as day' shows phases of (re) accumulation and (re) distribution.