DC,
After Ted Warren's book, a good one to read is Nicolas Darvas' "How I Made $2,000,000 in the Stock Market." It's written in the fashion of Edwin Lefevre's "Reminiscences of a Stock Operator," and is the story of how Nicolas started and developed his techniques, moving from kind of a gambling technique, to a fundamentalist, learning about technical analysis, and then eventually becoming kind of a techno-fundamentalist. He was using much of Ted Warren's long range technical theory, but making it work over a somewhat shorter time period aided by applying a fundamental look. Not unlike your approach, by the way. That's why I think you'll enjoy reading it. He has several examples of how the "get rich quick" demon usually thwarts those who have a real short term, anxious approach. I have confidence in the longer term approach, and in accumulating TSSW in this low region. It's becoming a better base for a better rise later.
JT |