Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Michael C. Woodward who wrote (2123)	12/15/1997 12:42:00 AM
From: Loren	Read Replies (1) \| Respond to of 60323

THC - Sorry it took me so long to respond to your post asking for the name of the book I use. I've been doing 'honey-dos' most of the weekend. Michael, it might have been me who recommended 'Trading for a Living' to the thread; I've recommended it several times on several different threads. THC, that's precisely the book I would recommend for you also. Elder not only covers the mathematical construction of the different indicators, he also covers the assumptions behind the indicators, i.e., what the indicators are telling you about the struggle between the bulls and the bears. That's as important as the math any day. The only problem with a book like this is that it overloads you with too many indicators and rules to deal with. I found that I had to pick one or two and use them for a while (on paper of course) to really get a feel for how that were to be interpreted/used. Only then could I broaden out to others. As I have said in my posts, I still use only DMI and MACD indicators in real trading. Loren