The Top 1%

October 10, 2026 By in David Weis, Linda Raschke, Spring-to-Up-Thrust, Up-Thrust, Wyckoff 2 Comments

Raschke, Weis and Wyckoff

The late David Weis once said he kept a copy of Wyckoff’s autobiography in his office, near him.

He made notes on it and marked it up so many times, the cover had fallen off.

His website (now deactivated) had a picture of him holding an original first edition Wyckoff ‘Studies In Tape Reading‘.

The last time I checked, that edition (if you could find one) in good condition, went for around $3,500.

All of this, ties-in with a recent interview of master trader, Linda Raschke, link here.

Wyckoff is specifically mentioned at time stamp: 10:52

In fact, just a few seconds later, we have a discussion on ‘springs’ and ‘up-thrusts’. 🙂

Stay Tuned

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2 responses

  1. I don’t know if you’re familiar with the matter at all, but If you’re into collecting, you can collect old out of print books. If bought at a good price and held for many decades, they can appreciate in value a lot.

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    • Thanks,

      I not a ‘collector’ per se, but I do have out of print books just as a matter of doing my research.

      So, in effect I have a collection but with no intent of selling … because at times, I go back and refer to them.

      I mentioned the Wyckoff first edition text as sort of a point of slight envy for Weis having his copy. That $3,500 figure for ‘Studies’ was the last time there was a one available which was way back in 2010.

      Weis told me himself that Wyckoff “Is the best kept secret on Wall St.” With that, he (Wyckoff) is rarely mentioned and Raschke is the only pro trader that I’ve ever heard of, talk about him … and when she does, it’s brief.

      Of course, Wyckoff himself said (in Studies) that reading the tape well, literally takes years and many losses to master.

      If you have read Reminiscences of a Stock Operator, where Livermore goes broke trying to short the market before The Panic of 1907, in Wycoff’s book he details how Livermore got himself re-capitalized.

      It’s good stuff.

      Regards,

      Paul

      Liked by 1 person