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To: ToolManInc who wrote (10836)	5/5/1998 8:53:00 AM
From: James Strauss	Read Replies (1) \| Respond to of 14577

Tool: I would start with a basic TA book that's easy to read... "Profiting in Bull and Bear Markets" by Stan Weinstein... It gives you a good sense of moving averages and support and resistance... You can go to Amazon.com and do an Author search... Another good intermediate book is written by Alexander Elder... I think it's called "Trading For A Living"... Jim

To: ToolManInc who wrote (10836)	5/5/1998 10:45:00 AM
From: Don Earl	Read Replies (2) \| Respond to of 14577

Hi ToolManInc, Technical analysis: I can't find the site I was looking for that had some simple to understand stuff on how to read a price/volume bar chart but this one has most of the basics: chartpatterns.com This one explains most of the more common indicators: e-analytics.com This one is a pay site, but there is a 10 day free trial available. The technical analysis section has simple explanations of the indicators and the charts are easy to read: stocksmart.com Your local library should have a good selection of books on the subject. SI has a number of threads on the subject also (do a search on technical analysis). I have a high opinion of being able to read patterns in price/volume bar charts and also use stochastics a lot. I use moving averages also, but they tend to tell you more what happened after it happened. Moving averages do give a feel for which way a stock is trending and shorter term lines can give you an idea if the stock is trading above or below recent averages. There are a lot of different systems but they are ALL based on the relationship between price, volume and time. Good luck. Regards, Don