 In his thirty years on Wall Street, Richard Arms, president of the Arms Companies, a division of Lakeview Securities, has changed the way analysts think about financial markets.In showing the relationship of volume to price movement, his Arms Index has become one of the most popular tools on Wall Street and appears on all the major stock quotations systems. The Arms Equivolume Charting Method, the first new charting system since point and figure charts were introduced in the 1930s, has been widely used by technicians for over a decade. Richard has written three landmark books on strategic market analysis: Profits in Volume, Volume Cycle in the Stock Market, and The Arms Index. He has written numerous articles for national publications including Barron’s and Pension and Investment Age. He publishes The Arms Letter, a daily advisory service for institutions, used by major mutual funds, banks, and money managers throughout the US, Canada, and Europe. He lectures frequently at meetings of market analysts and has made numerous television appearances, including “Wall Street Week” with Louis Rukeyser. In 1995, Richard received the prestigious MTA annual award for technicians who have made the most significant contribution(s) to the field of technical analysis, the first living technician ever to receive this distinction.
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