[...]... cians often seem to be spending more and more of their time examining the micro-30-minute charts, 5-minute charts, tick charts-an approach which, when taken to the extreme, is myopic and can border on nihilism Lindsay took a broad, perhaps healthier, view of the market-but one that shouldn't be confused with any­ thing approximating the buy -and- hold approach While others may focus on the trees, Lindsay. .. time the market but also to provide some understanding of the personal history that produced that ability When drawing a picture, one dif­ ference between the artist and nonartist is the way in which they look at the blank page before them The nonartist often begins by drawing an object, in detail, in one area of the page and then moving on to another detailed object in a different area An artist, on the. .. first appearance on the program in October of 1981, 20 George Lindsay and the Art of Technical Analysis Rukeyser had asked Lindsay, "When do we get out of this bear market and into that bull market?" Lindsay replied, "The end of the bear mark et -the earliest I can count it is about August 2 6, 1982 I think 750 to 770 is more lik e the range of the final low " The intraday low of the bear market occurred... practice, practice, practice And then, when you finally get up there on the bandstand, forget all that and just wail." That's probably good advice when using the models Lindsay created Like music, his models were 4 George Lindsay and the Art of Technical Analysis full of rules and specific counts but the magic lay in the exceptions to those rules It is by learning and practic­ ing the guidelines laid out... George' s passion for technical analysis George Lindsay' s mother, Nellie Victoria Meyer Lindsay (b 1 8 76; d 1954) was an actress in musical comedies, on and off Broadway, and used the stage 7 8 George Lindsay and the Art of Technical Analysis name Nellie Victoria A photo, dated 1903, of Nellie Victoria can be found in the Macauley's Theatre collec­ tion in the University of Louisville archives Another... unconventional and can breathe only in a big city '' -George Lindsay Family History George Lindsay appears to be the fourth generation of the Lindsay family born in Virginia George' s paternal grandfather, Albert Loftus Lindsay, was an officer in the Confederate army during the American Civil War In April 1 8 62, Albert was made chief of General John Bankhead Magruder's signal corps Albert's interest in codes and. .. who has attempted the impossible during the past ten years is George Lindsay, editor of George Lindsay' s Opinion Each year he predicts the course of the stock market for a whole year, on a month-to-month basis, pinpointing rallies and declines and estimating the price range of the Dow Jones industrial average." The Stock Trader's Almanac called Lindsay' s 1969 forecast "the finest long-term forecast we... ping the forest It has been said that in order to understand the phi­ losophy, one must understand the philosopher and his times Never was this truer than in trying to understand the work of George Lindsay Lindsay has been a mys­ tery figure Prior to this book, very little has been known about the man himself Who was Lindsay? Genius or high-school dropout; artist or sophisticated Wall Street professional;... turn� subject to the same rhythms as the final product The whole is not the sum of the parts� but both the whole and parts labor under similar infl uences "1 -George Lindsay It is widely known that Lindsay' s greatest passion was the subject matter in his book, The Other H istory� which he called "technical history " Lindsay coined the term (an allusion to technical analysis) to describe the methods explained... presentations on his discovery to a New York organization he belonged to called S.I.R.E., the Society for Investigation of Recurring Events His ideas are presented in detail in the next chapter Stuart Teisch Stuart Teisch is a name that appeared on the byline of Lindsay' s newsletter next to Lindsay' s own name Teisch was the other half of the Lindsay organization and had a 1 7-year association with Lindsay