Forum Archive Index - March 2000

["Phyllis Taylor" <phyl@clear.net.nz>]

Michael,

I see Ian has enlightened you concerning the two indicators you  were asking about.   These two are certainly very popular.

If you would like to enquire further get hold of the book "Trading for a Living" by Dr Alex Elder.   Website is elder.com.

Also the Australian Assn has an excellent website ataa.com.au.   Lots of info there.   Ifyou buy the book from the elder site you go on the email list for a report sent out from time to time  which is worthwhile reading.

 

I have just been to Fiji for a week long Traders' Camp with Alex Elder and Colin Nicholson who is a top notch expert on Technical Analysis and the Australian market.

 

Between the two presenters we were given an incredible education.   The two techniques which overlapped a little had something to cover the interests of the 46 attendees.    We also had a tremendous amount of fun which is to help with learning.  Even my older brain has come home remembering plenty and we have good notes as well.   Some of us made our own notes but the pool was magnificent and at night the fun was irresistible.    I have just seen some of the photos !!!!!!!!!!!!!!!!!!!!!!!    

 

Incidentally - both men used extremely simple techniques and steady risk loss parameters for individual trades and for portfolio values.   They were very tight indeed.    Probably the main lesson for me was managing risk and loss.

 

Later this year there will be other opportunities   here and in Australia.    If you have  a chance to hear either of these men take it and go.    The costs will be recouped again and again.

 

Don't forget - if you are in Auckland - This Thursday, 23 March (and the fourth Thursday of each month)  STANZ meets at the McGhie Lecture Theatre in the Auckland College of Retailing, 74 Epsom Avenue,  Gate 2 for plenty of parking.   Door fee to cover cost of rental, equipment and a very cheerful cupper.

 

Good luck to all of you - Fundies and Charties alike.        From a cheerful   cloud nineish      Phyllis.  

 

 

 

----- Original Message -----

From: Michael Gore

To: sharechat@sharechat.co.nz

Sent: Tuesday, March 21, 2000 11:28 AM

Subject: [sharechat] charting

Just wondering if anyone would be prepared to share what type of charts they study and why?  Can anyone explain  simply what is stochastic and MACD? cheers michael