SI
SI
discoversearch

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 : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Larry Luttrell who wrote (5534)4/2/1998 11:03:00 PM
From: PHG  Read Replies (2) | Respond to of 10227
 
Larry:

Arnie, I have grown to appreciate your postings. Would you mind putting up your book recommendation once again?

For X shares of Nxtl he might autograph them or highlight the important parts?

Just kidding, he won't charge for his signature! He's in the middle of his own book. How to quadruple your investment in 2 years or less using T&A. It would have already been completed but Al Brown keeps debating with him over details.

.............................Phil.....................................
.



To: Larry Luttrell who wrote (5534)4/3/1998 10:54:00 AM
From: Arnie Doolittle  Read Replies (2) | Respond to of 10227
 
TA Books - off topic

Larry, you mean that you didn't used to like my postings? Now my feelings are hurt. :-) Not! Here's the original posting plus another book that I found last week.

To: Steve in FL (4545 )
From: Arnie Doolittle
Monday, Feb 9 1998 12:20PM EST
Reply # of 5546
OFF TOPIC
"If you had to select two or three of the best from the 50 or so books you have on TA, which would they be?"

1. Timing the Market by Weiss Research for a summary of technical analysis.

2. Technical Analysis of Stock Trends by Edwards & Magee for the graduate school detailed course in chart patterns and the underlying reasons why ta works.

3. Trading For a Living by Dr. Alexander Elder for some detailed info on practical ways to use technical analysis, including trend following indicators, oscillators and moving averages. As a bonus he presents a super understanding of the psychology of markets.

4. Reminiscences of a Stock Operator by Edwin Lefevre. Although not a ta book, Lefevre has written a novel based on the life of Jesse Livermore, a famous speculator with a ta mind for markets, as well as a nose for manipulating markets. While written in 1923, the book is as practical as if it were written last week. I read it once a year.

5. In my opinion, you must use charting software if you're going to be successful using ta. I use Metastock and update my database of 2000 stocks daily.

6. I like to read biographies or interviews of successful market folks. Favorites include Market Wizards and The New Market Wizards by Schwager and the monthly interviews in Technical Analysis of Stocks and Commodities, a ta magazine. (I ignore the customized formulas and other assorted junk in TAS&C although they usually have interesting summaries of various technical indicators. Their practical application to my style, however, often escapes me.) Was it Plato or Socrates who said "Know thyself"? I like to know the competition too. Thus, I read bios.

Arnie

And here's the new one I just stumbled across the other day. While it's not a detailed ta book, it gives all the basic chart patterns with tons of examples and some "problems" to solve. It's shortfall is its lack of technical indicators but you can't have everything!

Using Technical Analysis by Clifford Pistolese