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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (10564)6/19/1998 1:34:00 PM
From: Electric  Respond to of 42787
 
Have fun Chris,

You deserve it!!!!

E



To: Chris who wrote (10564)6/19/1998 3:12:00 PM
From: Sonki  Read Replies (1) | Respond to of 42787
 
sold my whole roth ira. sold msft 93 7/8 that i bot on mond. sold csco and all. will buy back on monday.
meanwhile PFE dropping like a rock. so maybe i go buy pfe on monday instead of msft.
G7 worries topple Dow

Blue chips lower as investors await weekend
meeting, techs keep some gains
cnnfn.com



To: Chris who wrote (10564)6/20/1998 12:35:00 AM
From: Robert Graham  Respond to of 42787
 
I have just received an interesting book by Joe DiNapoli called "Trading with DiNapoli Levels". It is a fairly in-depth course of trading with Fib levels utilizing the approach and system and constructs that Joe DiNapoli has created for this purpose. So it goes well beyond Fib analysis in its coverage of how to trade using this tool. From what I see so far some concepts appear to be borrowed from Elliot Waves but in a form that can be used for trading purposes. I have not figures out how subjective the labelling is yet. The Fib line analysis with these additional constructs is what he calls DiNapoli Levels. In his coverage of this topic, the author does provide some of his insight into the market including views on what is happening on the floor in certain trading situations. I can see where this can turn out to be a very interesting book. He appears to go into depth in his treatment of this subject of Fib lines and trading.

I chose to pursue this topic because IMO Fib lines are more or less a ruler that can be used to measure and gauge price movements that facilitate the decision process of a trader. So there is allot more to this approach in order to make it work, such as a more indepth and insightful understanding on how prices can move and the use of other tools in conjunction with Fib line analysis, for instance the displaced MAs and MACD and Stoch part of the system he uses to gauge the current trend. Both futures and stocks are covered in his examples.

This is an expensive book (well over $100) but it is a large book with about 300 pages of material. This book is more substantive unlike some of the other expensive books that look to be the abbreviated form of instructor's notes hole punched and placed into a notebook that I have come across. Hopefully all the included material will be worthwhile.

I will post a review of this book and some of its concepts at a later time.

Bob Graham