Judge — September 1933 — page 27: what you’re looking at

Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.

What Every Investor Should Know About Market Action by A. W. Wetsel As indications that we definitely have passed the ‘‘turning point’’ of the depression continue to multiply and in view of the recent market activity, we receive many letters from puzzled investors seeking information about how to recoup their losses OW, it has been our opinion, and we have so advised repeatedly, that you do not need a bull market in r te protect your holk True, in'a broad upwar people interested zs and make market recome decisive. There is not tancy nor fear that often accon eclining market or a sideways through a sound unders et action, it is possible to wf investments and take efits in pes markets. Substitute Knowledge for Indecision y. often heard the old adage that avone can buy but the profits come irom wing WHEN to sell.” That very know! is obtainable from the market. itseli arity prices are human conchusi eting ground « ayer 3 Therefore, if you are to gauge market ac tion, the human element must be consideres as a controlling factor u have edg Se the r a selle Statisti ormation, while of vital im portance, is not a conclusive guide. ‘Time in the last few months you hav seen the market move in directly the op} site direction from the way in which stati As the tical reports indicated it should move ior instance, last summer. Statistically try was at its lowest ebb, yet. the ward swing starting in July lasted for thre nin April U.S. Steel issued poorest report (statistically) it ever published and almost immediately (withi a month) its common stock rose from to 49. edly state that se That is why we repea A i" curity prices are controlled by factors w in. the market itself. Through constant analysis of these factors it is possible predetermine market a to tell WHAT should be done to provide protection and enhance the opportunities for prof Today with the market attracting a con stantly widening circle of buyers wi possibly the greatest opportunity for ing that we ha hecomes imperative to what you reasonably can expect to do and what should not be done. Two Ways to Know In order to gain that knowledge you ca cither devote much of your time to the sub- ject and reach your own conclusions, you can profit by the experience, knowledge and guidance of others. And_ this latter zroup may be divided into smaller groups. There are m: who profess to be able to foretell n action. It is our sug- gest that in choosing such yze ket nm, however, ase you carefully (1) The methods used in for: ecasting. following ieved by (2) The record nM xls, met how to start rebuilding lost fortunes... Wetsel Method Inductive Wetsel recommendations are the results of nductive reasoning, that is, positive clusions arrived at through careful and con- stant analysis of contributing causes that ire known to govern market trends and prices. This method is directly ed to those conclusions based on de- reasoning from assumed causes and rlete facts. Nor is a Wetsel recom- mn the result of a composite aver- F (if, indeed, such a thing were possible) of the conclusions of others. The success of this organization (and. therefore, the financial progress of clients) has been based upon its exclusive methods 1 original market action and the security Pa mel ons as applied ney y ignoring all other methods or “systems.” the Wetsel method of interpreting the Tech- nical F that control market trends und security prices, successfully foretold when west ying their following clients ta st. tof arket huying instruction ¢ days prior to th given because the nify are so well re- instances a dates and what they si membered. But, they emphasize. the necessity for forecasting short sw which may aggregate even more profits how to make profits today. Enhancing Your Opportunities Today, we are in the type of market that is likely to cause some investors to becom careless or subject to misleading guidance through giving too much credence to ¢ tain phases or actions. Therefore, the following warning is issued as a geueral ide to all investors : We are in a market that is becoming m inflation. All securities alike iv Beware of ny or Syrends and ft. with, scientife Do not te We agree that the present is a. “good time” to enter the market with a view foward recouping losses, But we also know that your chances are greatly enhanced if you are advised by experienced, indepe ent counsel, WHAT to buy (and sell), WHEN and at WHAT prices Supplying such. information is part of the function of this organization of inves ment. counselors. From the manageme of large investment estates to the supplyir of pertinent information for the small in- vestor, there is a Wetsel service suited to every ‘need. Booklet Shows How— Sent Free Those who are satisfi progress by the com few years ago (th 1 to judge finan cent standards of 3 ; known fallacies of to day) will not be interested in this type service. But for those who do realize th market trends and security prices are beir predetermined with a better than aver degree of accu we have prepared clear and specific description of conserva- live and profitable investment. methods, This booklet, “How to Protect Your Capital and Accelerate Its Growth . Through Trading,” merits your serious thought at this time. It ha way to a sound understand action for both large throughout the country lay as pointed the ng of market nd small investors nd for See how this method night hel cost or obligation. Merely fill in the coupon. A. W. WETSEL ADVISORY SERVICE, Inc. Investment Counselors Chrysler Building A. W. Wetsel Advisory Service, Inc. In Chrysler Bui tment Counselors g, New York, N. Y. Please send me, with- | ] | ! i} out oblig | 1 i] 1 i} suran- Name alytical booklet, “How to Protect Your Capi- 14 al and Accelerate Its cures: wth . 2. Through ing.” City State comicbooks.com