Hello,

My name is Richard, I have read Frost and Pretcher's Elliot Wave
Principles but feel that the theory is difficult to apply. I am trying
to work out where the Dow Jones is in the Elliot wave Pattern and would
like to know if any body has an opinion about this.

Thanks

Richard.

--- In technicalanalysismethods@yahoogroups.com, "joy_zen2003"
<joy_zen2003@...> wrote:
>
> hi every one,
> i am chandrachur mba 2nd yr . very much interested in technical
analysis
> just wanted to know how many ways we can analysis wat will be the
> target price.
> and wat are the most used way, how we can calculate it
>
Hi Joy,

First of all count the stars in the night sky. That is about the
number of ways you can try to analyse the market.

The target price is `as far as it runs'. Let the profit run and kill
the losses quick. Think about position sizing. If you bet too much
you might not be in the game very long!

Trying to predict the price direction is a mugs game. Be reactive! I
use 3 tools in conjunction:

1. Equivolume boxes because volume and price are both important.
2. 3 Line Breaks because this is strictly a reactive trend indicator.
3. Darvas Boxes because they define the scope of a trend in a very
visual way.

In addition I use either the Darvas Box or the Parabolic SAR to set
stops and manage my exit strategy.

It means I am never in at the beginning and I am never out at the
peak. I know I lose a few points, but I cover most of a move.

The final and most impotant element is money management or deciding
on a position size. Never exceed 2% of capital on a position.

Graham

Any TA expert ?
According to bks I read, when adx is below both +dmi & -dmi it is a
good time to buy.
However,even though later +dmi > -dmi,and the adx meanders at a low
level below 20,the stocks would not fly.
So what is the best time to buy (adx at what level when+dmi > -dmi)
And what & when is the best time to short a stock taking note of these
3 indicators

hi i am sabby  ..wanted to know which moving average can can be used
to identify skort term and intermidieate trends..if the stock is above
the 10 day exponential moving average can we assume that the stock is
in uptrend? another thing i want to ask that we can draw many lines
for gauging support and resistance but how can we gauge that which
price is the most peculiar and has the greatest significance of
support or resistance?

NO

PREVIOUS HIGH WOULD BE NEW RESISTANCE ON DOWNSIDE



--- In technicalanalysismethods@yahoogroups.com, "sabby579"
<sabby579@...> wrote:
>
> hi i am sabby  ..wanted to know which moving average can can be used
> to identify skort term and intermidieate trends..if the stock is
above
> the 10 day exponential moving average can we assume that the stock is
> in uptrend? another thing i want to ask that we can draw many lines
> for gauging support and resistance but how can we gauge that which
> price is the most peculiar and has the greatest significance of
> support or resistance?
>

STOCKS USUALLY GO DOWN FROM MAY UNTIL OCTOBER
UNLESS YOU ARE A DAY TRADER I DON'T THINK NOW IS NOT THE TIME TO
TRADE-

-- In technicalanalysismethods@yahoogroups.com, hadi cheshme
<hadi_cheshme@...> wrote:
>
> hi everybody
>     As you may know commodities espeacially oil market near the
peak after several years up trend same as gold,i beleive as you see
commodities in up trend cycle you will see they come down in down
cycle for several years after test the peaks,so this matter create
the best situation for buy some espeacially stocks which can get
termendous effect from this theory ,so i am really intrested in
dicussing  anybody who intrest in this theoryand discover these
stock would be brilliat profit in future from this point.
>   Regards
>   Hadi
>
>
> ---------------------------------
> Do you Yahoo!?
>  Next-gen email? Have it all with the  all-new Yahoo! Mail Beta.
>

Hello everyone, I'm new to the group and new to trading. (Just
learning and havent done any real trades yet)

I like the theory behind Rule#1 investing, and find what I like most
is the calculating and watching charts etc. But, what Id like to learn
is how to use these tools for short-term investing. All the numbers
and ratios etc that I now know to look at.. are all more relevant for
long-term/retirement/value. (like the value parts though)

So, my question.. any tips on where to start? There are so many books
I get confused just trying to pick one. Looking for ways to analyze
stocks for short term and then follow charts etc to know when to buy
and sell.

Thanks in advance,
Melonie

I have been trading/investing for 8 years. I use technical and
fundamental analysis. I currently am short many of the large
homebuilders in the u.s. such as tol, ctx, hov, bzh, etc.

I use simple moving averages a bit combined with support/resistance
levels to determine movemnt potential. I also believe chart patterns
are very useful in analyzing possible movements.

I follow some of the well-known traders of of time such as Jim
Rogers, George Soros, etc.. I do not daytrade but try to hold
positions for at least several weeks to much longer.  I guess this
would be called positional trading on fundamentals/technicals.
Actually, both are very useful and I have used both in taking both
long and short positions.

That about sums it up. Investing is an interesting/challenging
pursuit. It also requires a knowledge your own psychological
strengths and weaknesses since these can shake a person's belief in
their trades/ideas.

Good luck in your trading.

Hi all !
Does anyone here trade one or more of the strategies described in the
book "Street Smarts" written by Linda Bradford Raschke or by Dave
Landry in his books ?

Mike

-I HAVE BEEN TRADING 50 YEARS SOUNDS LIKE YOU HAVE A GOOD STRATEGY
CHECK OUT INGER

-- In
technicalanalysismethods@yahoogroups.com, "fletcherchristian2000"
<fletcherchristian2000@...> wrote:
>
> I have been trading/investing for 8 years. I use technical and
> fundamental analysis. I currently am short many of the large
> homebuilders in the u.s. such as tol, ctx, hov, bzh, etc.
>
> I use simple moving averages a bit combined with support/resistance
> levels to determine movemnt potential. I also believe chart
patterns
> are very useful in analyzing possible movements.
>
> I follow some of the well-known traders of of time such as Jim
> Rogers, George Soros, etc.. I do not daytrade but try to hold
> positions for at least several weeks to much longer.  I guess this
> would be called positional trading on fundamentals/technicals.
> Actually, both are very useful and I have used both in taking both
> long and short positions.
>
> That about sums it up. Investing is an interesting/challenging
> pursuit. It also requires a knowledge your own psychological
> strengths and weaknesses since these can shake a person's belief in
> their trades/ideas.
>
> Good luck in your trading.
>

I THINK YOU HAVE TO DIFFERENTIATE BETWEEN COMMODITIES & STOCKS-


-- In technicalanalysismethods@yahoogroups.com, "louisbreitbach"
<louisbreitbach@...> wrote:
>
> STOCKS USUALLY GO DOWN FROM MAY UNTIL OCTOBER
> UNLESS YOU ARE A DAY TRADER I DON'T THINK NOW IS NOT THE TIME TO
> TRADE-
>
> -- In technicalanalysismethods@yahoogroups.com, hadi cheshme
> <hadi_cheshme@> wrote:
> >
> > hi everybody
> >     As you may know commodities espeacially oil market near the
> peak after several years up trend same as gold,i beleive as you see
> commodities in up trend cycle you will see they come down in down
> cycle for several years after test the peaks,so this matter create
> the best situation for buy some espeacially stocks which can get
> termendous effect from this theory ,so i am really intrested in
> dicussing  anybody who intrest in this theoryand discover these
> stock would be brilliat profit in future from this point.
> >   Regards
> >   Hadi
> >
> >
> > ---------------------------------
> > Do you Yahoo!?
> >  Next-gen email? Have it all with the  all-new Yahoo! Mail Beta.
> >
>

--TRY MIKE,HARRY BOXER & INGER

- In technicalanalysismethods@yahoogroups.com, "turtlemell"
<turtlemell@...> wrote:
>
> Hello everyone, I'm new to the group and new to trading. (Just
> learning and havent done any real trades yet)
>
> I like the theory behind Rule#1 investing, and find what I like
most
> is the calculating and watching charts etc. But, what Id like to
learn
> is how to use these tools for short-term investing. All the numbers
> and ratios etc that I now know to look at.. are all more relevant
for
> long-term/retirement/value. (like the value parts though)
>
> So, my question.. any tips on where to start? There are so many
books
> I get confused just trying to pick one. Looking for ways to analyze
> stocks for short term and then follow charts etc to know when to
buy
> and sell.
>
> Thanks in advance,
> Melonie
>

read some books, BACKTEST EVERYTHING, look if you could trade with
that drawdown and then you can begin trading ( perhaps ! )
if the book gives backtesting results, perform your own backtesting
anyway

--- In technicalanalysismethods@yahoogroups.com, "louisbreitbach"
<louisbreitbach@...> wrote:
>
> --TRY MIKE,HARRY BOXER & INGER
>
> - In technicalanalysismethods@yahoogroups.com, "turtlemell"
> <turtlemell@> wrote:
> >
> > Hello everyone, I'm new to the group and new to trading. (Just
> > learning and havent done any real trades yet)
> >
> > I like the theory behind Rule#1 investing, and find what I like
> most
> > is the calculating and watching charts etc. But, what Id like to
> learn
> > is how to use these tools for short-term investing. All the
numbers
> > and ratios etc that I now know to look at.. are all more relevant
> for
> > long-term/retirement/value. (like the value parts though)
> >
> > So, my question.. any tips on where to start? There are so many
> books
> > I get confused just trying to pick one. Looking for ways to
analyze
> > stocks for short term and then follow charts etc to know when to
> buy
> > and sell.
> >
> > Thanks in advance,
> > Melonie
> >
>

I don't. LBR uses very short term methods from what I
know so it does not fit with my trading methods.

--- miketobb <miketobb@...> wrote:

> Hi all !
> Does anyone here trade one or more of the strategies
> described in the
> book "Street Smarts" written by Linda Bradford
> Raschke or by Dave
> Landry in his books ?
>
> Mike
>
>
>
>
>
>
>
>


__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around
http://mail.yahoo.com

Thanks. I am not familiar with inger but I will
certainly look for this methodology.

--- louisbreitbach <louisbreitbach@...> wrote:

> -I HAVE BEEN TRADING 50 YEARS SOUNDS LIKE YOU HAVE A
> GOOD STRATEGY
> CHECK OUT INGER
>
> -- In
> technicalanalysismethods@yahoogroups.com,
> "fletcherchristian2000"
> <fletcherchristian2000@...> wrote:
> >
> > I have been trading/investing for 8 years. I use
> technical and
> > fundamental analysis. I currently am short many of
> the large
> > homebuilders in the u.s. such as tol, ctx, hov,
> bzh, etc.
> >
> > I use simple moving averages a bit combined with
> support/resistance
> > levels to determine movemnt potential. I also
> believe chart
> patterns
> > are very useful in analyzing possible movements.
> >
> > I follow some of the well-known traders of of time
> such as Jim
> > Rogers, George Soros, etc.. I do not daytrade but
> try to hold
> > positions for at least several weeks to much
> longer.  I guess this
> > would be called positional trading on
> fundamentals/technicals.
> > Actually, both are very useful and I have used
> both in taking both
> > long and short positions.
> >
> > That about sums it up. Investing is an
> interesting/challenging
> > pursuit. It also requires a knowledge your own
> psychological
> > strengths and weaknesses since these can shake a
> person's belief in
> > their trades/ideas.
> >
> > Good luck in your trading.
> >
>
>
>
>
>
>
>
>


__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around
http://mail.yahoo.com

Just shorted google at 370. It has broken out of a
triangle pattern and I believe it will go much lower
in the late summer selling.  I don't usually short
such big name comapnies but if it looks like a good
opportunity, I jump on it regardless of the name or
business.

__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around
http://mail.yahoo.com

Does anyone here follow XRTX? Gargoyleinvestor.com has a negative
opinion on the company and have provided fairly good reasoning behind
it on their Yahoo board but it's already down about 4 point from where
they gave it. If anyone here has any opinions on whether this is good
short or not, I'd appreciate it.

I Want To Buy a 12 video tape series by Jack Schwager "Complete
Guide to Designing and Testing Trading Systems". It includes 12
tapes a CD and two manuals. One was for sale about 4 years ago, but I
have not been able to contact that person.  See message #3493.  Any
help would be appreciated.

Greetings,

My name is David and I am a beginner trader and have
been trading off and on for the last 3 years. I favor
technical analysis over fundamental analysis and my
two favorite indicators are price and volume. I have
read William O' Neils books and like the CANSLIM
system but do not follow it closely. I am hoping to
learn more about technical analysis from this
newsgroup. I look forward to discussing money making
strategies with all of you. Have a most super
excellent day or evening.

Sincerely,
David

__________________________________________________
Do You Yahoo!?
Tired of spam?  Yahoo! Mail has the best spam protection around
http://mail.yahoo.com

Does anyone have the excel based formula for the aroon indicator? In
specific a formula that captures the "periods since highest high".
Thanks for you help in advance.

--- In technicalanalysismethods@yahoogroups.com, floortrader000
<no_reply@...> wrote:
>
> Does anyone here follow XRTX? Gargoyleinvestor.com has a negative
> opinion on the company and have provided fairly good reasoning
behind
> it on their Yahoo board but it's already down about 4 point from
where
> they gave it. If anyone here has any opinions on whether this is
good
> short or not, I'd appreciate it.
>

Don't short this stock---it has too short a history to draw any good
conclusions and there is no overwhelming evidence to support a short
position.

Short some of the big homebuilders like CTX, TOL, RYL, BZH.  Still
at least 50% downside there.

Can anyby share how to interpret & use Ray's Barros Swings.
The original 3 swings are 3,5 & 18.
Why 3,5 & 18,not 5,21, or 30?
How do these nr.come into the picture,I believe they are not plucked
from the sky,but by calculation,right?.

I am new to trading, still learning the ins and outs of technical analysis.
I'm interested in short-term trading, a combo of swing and position trading,
I believe.  Right now I'm learning to read the charts and make some basic
predictions, mostly using MA's (20,40, 50 and 200-day), bollinger bands,
RSI, OBV, volume and candlesticks.  As I get more comfortable with those and
see how well they work for me, I'll start looking at some more
indicators/oscillators and getting familiar with them.  (I don't plan to use
every one that's out there, I'm just trying to learn about each one and
develop my own criteria).

I'm a very impatient student, though - I want to know it all, and I want to
know it now, so I'm reading more every chance I get (I have a new baby,
however, so I never have as much time as I'd like).  I don't have any
financial education, but am never afraid to teach myself something new.  I
have a good friend who is also very interested in trading and is currently
pursuing his CPA, but right now his school work has all his extra time tied
up.  So I'm out here alone, looking for some other traders, new and/or
experienced, to connect with and who would like to talk about real-time,
hands-on tech analysis.  I've got a list of 5-10 stocks I'm watching charts
on, but am coming across questions that I can't find answers to, and would
like to find either a mentor or a group like this where I can post my
findings and get some feedback as to what I'm looking at and possibly what
caused those things.

The group has been quiet lately, I see, but I hope it will pick up.  I look
forward to talking with all of you!
Colleen

Hi, I'm new in this group

Get a used copy of the "market wizards" book by Jack Schwager and
read that book(jim rogers interview, Michael Marcus interview,
etc.).  Prepare yourself to be challenged---when your kid takes a
nap you can really delve into it, I guess.   This is very challnging
and don't day trade until you have a lot of experience.  One of my
favorite Mutual funds is PSPFX---oil and gold are 2 of my big
holdings.  Good luck and do some reading----until later.






--- In technicalanalysismethods@yahoogroups.com, "Colleen _"
<colleeninbama@...> wrote:
>
> I am new to trading, still learning the ins and outs of technical
analysis.
> I'm interested in short-term trading, a combo of swing and
position trading,
> I believe.  Right now I'm learning to read the charts and make
some basic
> predictions, mostly using MA's (20,40, 50 and 200-day), bollinger
bands,
> RSI, OBV, volume and candlesticks.  As I get more comfortable with
those and
> see how well they work for me, I'll start looking at some more
> indicators/oscillators and getting familiar with them.  (I don't
plan to use
> every one that's out there, I'm just trying to learn about each
one and
> develop my own criteria).
>
> I'm a very impatient student, though - I want to know it all, and
I want to
> know it now, so I'm reading more every chance I get (I have a new
baby,
> however, so I never have as much time as I'd like).  I don't have
any
> financial education, but am never afraid to teach myself something
new.  I
> have a good friend who is also very interested in trading and is
currently
> pursuing his CPA, but right now his school work has all his extra
time tied
> up.  So I'm out here alone, looking for some other traders, new
and/or
> experienced, to connect with and who would like to talk about real-
time,
> hands-on tech analysis.  I've got a list of 5-10 stocks I'm
watching charts
> on, but am coming across questions that I can't find answers to,
and would
> like to find either a mentor or a group like this where I can post
my
> findings and get some feedback as to what I'm looking at and
possibly what
> caused those things.
>
> The group has been quiet lately, I see, but I hope it will pick
up.  I look
> forward to talking with all of you!
> Colleen
>