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Strategies & Market Trends : Trading DiNapoli Levels
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To: Craig who wrote (2)1/15/1998 1:14:00 PM
From: NW_Trader  Read Replies (1) of 15
 
Craig:

Glad to see that this infant thread hasn't died in the delivery room. Cost of Joe's book inhibiting wide recognition you think? I've gotten it but haven't read it as thorougly as you. I'm still trying to assimilate and apply. Perhaps it will become as well read as my copy of Trading for a Living; from my first read through I think it has a similar amount of useful info. Like you, my casual review of past stock patterns has revealed a lot of support for using fib analysis. Now I need to really learn how.

What charting software do you use? I'm running WOW 5.0, but haven't tried to write any scans using DiNapoli's techniques. I'm not certain that the predefined fib fans, times and arcs are the same. Haven't seen any "levels" defined there, but think that Metastock may have them. I have setup some displaced MAs visually, but not as automated scans yet.

Have you automated any of his triggers? Developed scans based on his ideas or the book's content? Would like to see some more posts from you on what/how you are applying DiNapoli's work and I'll try to keep up and add some analysis of my own. I'm doing stocks only, long and short; no comodities, options or futures just now.

Thanks for starting this thread.

Peace and Justice --- Patrick
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