An in-depth analysis of the 50% Retracement principle (Dobson calls it
the 50% Reaction). This classic book introduced Ken Roberts to this
invaluable tool years ago. In an easy, genuine tone Dobson tells his
own story of how he discovered the rule and what he learned about it
through his own trading. He talks about his own mentors, puts the rule
in historical perspective, and gives examples of markets he’s analized.
While the book is filled with equations, charts, and stylized diagrams,
Dobson’s encouraging and humorous style brings it all down to earth.