October 18, 2004 - Martin Pring's new book supported by Recognia research

Martin Pring on Price Patterns - The Definitive Guide to Price Pattern Analysis and Interpretation
Sarasota, USA, October 18, 2004 — Martin Pring, one of the world's leading experts on technical analysis and a member of Recognia's Board of Advisers, has published a new book entitled Martin Pring on Price Patterns - The Definitive Guide to Price Pattern Analysis and Interpretation.

Martin Pring on Price Patterns introduces the reader to the patterns that consistently benefit traders in today's volatile markets, then helps investors to determine which patterns will work best for them and their personal trading style. The book is supported by pattern performance research on over 10,000 securities, that was made possible by Recognia's automated pattern recognition.

Excerpt from the Introduction: "I first got the idea of writing this book after bumping into Rick Escher (President & CEO, Founder, Chief Technology Officer) of Recognia. Recognia is an Ottawa-based software company that is dedicated to offering scanning techniques for investors and traders. Its principal vehicle for this was originally chart pattern recognition, although this has been and will be expanded to include other technical and possibly fundamental indicators. Accurate scanning software for chart pattern recognition has been one of the dreams of technicians for years, and the opportunity to work with Recognia on this project and the ability to offer it on our Web site at www.pring.com got me excited enough to come up with this book."

For information about the book or to place an order, click here.

About Recognia Inc.

Recognia Inc., a privately held company founded in 2000, provides automated Technical Event® identification and chart pattern recognition to financial web sites, online brokerages and other trading institutions. Recognia has developed patented technology for chart pattern recognition and the identification of other types of technical formations. Recognia's technology is capable of recognizing patterns and other formations in the price charts of any publicly traded financial instrument including stocks, bonds, funds, commodities, currencies and indexes. Recognia also provides a range of delivery methods that allow brokers, and other organizations, to deliver this information to their clients and accountholders. Recognia also maintains an unrivaled historical database of information relating to chart patterns and other technical information, providing historical context and past performance information.

About Pring Research

Pring Research, founded in 1981, provides educational content in the field of technical analysis and business cycle forecasting. Its principal, Martin J Pring, has written over 15 books on these subjects, including the globally acclaimed classic "Technical Analysis Explained". Two of his books are recommended reading for the Market Technician's Association Certified Market Technician (CMT) course. Described by Barron's as a "technician's technician", Martin's articles have been featured in Barron's, and he has been quoted in The Wall St. Journal, International Herald Tribune, The New York Post and Los Angeles Times newspapers and the National Review. Over the past 35 years, his research has led to the development of reliable financial and economic indicators for timely and effective forecasting. Martin's personal Barometers for the Bond, Stock and Commodity markets have identified major turning points since the 1950's on a timely basis and have outperformed the buy/hold approach by a wide margin. Pring Research also publishes two market letters and consults actively for financial institutions.

Contacts:

Rick Escher
President & Founder
Recognia Inc.
Ottawa, ON
(613) 789-2267 ext 225
rescher@recognia.com

Martin Pring
Pring Research Inc.
Sarasota, FL
(941) 926-9664
mjp@pring.com