Stock chart technicians have been looking at price and volume charts for decades.  What Steve has done is show that there is a component to all stock charts that has been over-looked: the floating supply of shares, the shares actually available for trading by the public.  Steve has created a new branch of technical analysis based on the writings of famed stock trader W.D.Gann. Steve's work shows that price, volume, and time with the float are holistically related.

Float Analysis is a new method of analyzing stocks that looks for changes in ownership.  The premise of Steve's work is simply this: by adding up volume cumulatively and comparing it to the number of shares actually available for trading (the float), we can see areas on  a chart where the stock goes through a change of ownership. We can see where the Smart Money is accumulating at the bottom and we can see where they get out at the top. And by watching for specific float turnover breakouts and breakdowns we can find great stocks to buy and sell.   This idea once understood makes such common sense as to make one wonder how it was overlooked for so many years.  

Technical Analysis of Stocks & Commodities Magazine Article entitled
Float Analysis (December, 1996) The best place to begin is with this article that Steve wrote.  It started it all.

The Most Important Concepts and Ideas 
The keys to understanding Float Analysis

Here are some charts that help explain how Steve discovered Float Analysis: Steve's work is based on the writings of W.D. Gann.  Here's the 
quotes that gave Steve an epiphany concerning the floating supply. 

Two Graphics That Explain the Principles of Float Analysis
Here are two graphics that not only show the most important formations but
also where to buy and sell.

Audio Archive
Hear Steve's Weekly Free Stock Report

Free Stock Reports Archive
Learn the Principles of Float Analysis by Example

Understanding Float Analysis
This graphic will teach you the basic premise of Float Analysis.

Frequently Asked Questions 
Real Questions from Real People

Weekly Free Stock Report (Sign up here)
Learn the principles of Float Analysis with 'before' and 'after' charts

Make the Float Analysis 'Discovery' 
Don't read this until you've studied all of the above material.

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If you don't know who you are, the stock market is an expensive place
to find out. George Goodman

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Your float analysis idea is a true breakthrough! I can’t tell you how much research your float concept has spawned with me. It’s incredible and my understanding of the markets has expanded dramatically. I feel like I was a Newtonian physics expert all my career and a few months ago I bumped into someone (that being you) who gave me an idea to create a whole new type of physics called Quantum Mechanics!  Thanks!    A Hedgefund Portfolio Manager (who for reasons of privacy has requested his name to be withheld).

I always knew that the smart money (specialists, market makers, insiders etc.) accumulated stock at bottoms and distributed it at tops but just didn’t know how to turn this general knowledge into something predictive of a stocks turning point. Your technique appears to be the answer to this problem, bravo for discovering it.  Ted Groce