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Strategies & Market Trends : Analysis Class for Beginners

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To: R. Bond who wrote (821)	6/8/1998 10:11:00 AM
From: Peter Lochowicz	Read Replies (2) of 1471

>>>> P.S. Mr. Tang's suggestion of attempting to figure out the OBV by yourself is an extremely challenging (seemingly impossible) exercise, as you say. It could drive you nuts!! That's exactly what I ment Bond. What good are A.Tang's advices if they are completely impactical. I, too, can give you an excellent investment advice that will guarantee you excellent returns in the market: Go out, find talk to all other investors out there, find out what their take an the market, and their intentions are, and invest accordingly. Is that doable though? My point was that many so-called experts, A.Tang included, give you a lot of advices that are absolutely correct but undoable. Example: calculating OBV from Yahoo's 1-minute charts. I read Pring, but I liked Alexander Elder's book better. Peter

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