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To: George R. Wells who wrote (1401)	7/30/1998 12:59:00 PM
From: Michael Opila	Respond to of 4650

TA is technical analysis. It consists of a slew of technican indicators that can be used to forecast price movement. Some of the most popular are MACD, On Balance Volume, Bollinger Bands, Stochastics, Time Segmented Volume. Bob and I use them extensively, but we differ on which ones are the most critical. There are many good books out on these. It is a pure case of supply and demand...no fundamentals such as management, earnings, etc are taken into account. It is a highly disciplined from of trading. Hope this helps...I am sure Bob will concur with the above. Bob: Sent you another E-mail>>> Michael

To: George R. Wells who wrote (1401)	7/30/1998 3:28:00 PM
From: Sidney Reilly	Read Replies (1) \| Respond to of 4650

George, Try this site for an introduction to TA. It's a lot to take in. I would recommend you look at the indicators that Mike mentioned. equis.com Also Books on charting which goes hand in hand: Secrets for Profiting in Bull and Bear Markets By Stan Weinstein (this is a terrific book which if you haven't read is a must. I recommend this one first) Using Technical Analysis by Clifford Pistolese (this is really a charting book also even though the title says Technical Analysis) Bob