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To: Square_Dealings who wrote (71242)	6/7/2001 8:04:17 PM
From: gold$10k	Read Replies (1) \| Respond to of 116815

Michael and Canuck Dave, your discouragement is encouraging. When the next signal comes, we will need folks like you with pockets full of money whose buying will put the wind at our backs. Hopefully you will both get back in just in time. vt

To: Square_Dealings who wrote (71242)	6/8/2001 12:00:07 AM
From: Gary H	Read Replies (1) \| Respond to of 116815

Michael, I took a TA coarse a few years ago through the Canadian Society of Technical Analysts and I asked one of the Instructors what he thought was the best book on the subject. I was sort of hoping he would say one of the books I already had, like Edwards & Magee, John Murphy or a couple of others I have on the shelf. This Instructor was a floor trader for a large bank here in Toronto so I valued his opinion not only for his position but also for his approach to trading that he projected in the classroom. The book he recommended was written by Dr. Alexander Elder called "Trading for a Living" (Psychogy, Trading Tactics and Money Management). The hard part to get through was the section on Psychology cause it covered all the stupid thing I had done in the past. It pointed out that we are our own worst enemy most times when it comes to trading. Overcoming that and maintaining a wholesale retail sense, and settling for consistent percentages is the general message. Taking the emotion out of trading and forgetting about finding the holy grail, that seldom comes, is the rest of the message. This one book is worth more then the rest of the shelf. I still find the gambler in me pop up from time to time, but i give myself a big shake and go back to the charts and see what people are DOING and stop listening to what they are saying. There is so much BS in the markets and it's easy to fall pray to it. Hope you get the book . Enjoy.