'The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.'

'If my stock does not act as I anticipated, I immediately determine that the time is not yet ripe - so I close out my commitment.'

'From my point of view, the investors are the big gamblers. They make a bet, stay with it, and if all goes wrong, they lose it all.'

'It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance.'

'When this happens I sell the stock short that is, technically. In other words, I sell more stock than I actually hold.'

'Experience has proved to me that real money made in speculating has been in commitments in a stock or commodity showing a profit right from the start.'

The stock of course, in light of that news up 5 or 6 points this week, ... But we still like the stock a lot, and on any pullback we'd be a buyer.