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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Enchante who wrote (8418)	7/10/1998 11:23:00 AM
From: Nazbuster	Read Replies (1) \| Respond to of 12039

Carl, I know what you mean... I'm a long time mutual fund investor who has had a rocky road in individual issues this year, so I've started studying TA. So far, the reading list includes: Using Technical Analysis (Pistolese) The TAO of Trading (Koppel) Trading for a Living (Elder) Technical Analysis Explained (Pring) The Technical Analysis Course (Meyers) I'm 1/2 way through reading my first pass. It is a lot to absorb. My biggest fear is that we end up seeing in the patterns what we want to see, not what's happening. I see examples in the books which imply the opposite of what the author is trying to show, but in an earlier part of the charts. This is all a bit of black magic, I think. One has to immerse yourself until your 6th sense takes over based upon experience. This can cost a lot!