
Technical | Analysis page 222 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 10. Flow of Funds 193 Three Steps and a Stumble In line with the desire to measure when the Federal Reserve is tightening credit, Edson Gould, a legendary technical analyst from the 1930s through the 1970s, developed a simple rule about Federal Reserve policy that has an excellent record of…