ARTICLE SYNOPSIS ...Fibonacci Based Forecasts by Tucker J. Emmett In previous Technical Analysis of Stocks & Commodities magazine articles about Fibonacci Forecasting I have dealt at length with the proper application of the Fibonacci mathematical series to the futures markets. This simple series (1, 2, 3, 5, 8, 13, 21, 35, 55, 89, 144,...etc.) can quite accurately and adequately be used to forecast trends in the futures markets with amazing consistency. With this article, I shall deal specifically with only one futures market--the Treasury Bonds--in order to delve precisely in detail into a given market than pre...
BY: Tucker J. Emmett
ARTICLE SYNOPSIS ...How Good is The Dow Theory? PART I by Bill Dunbar An excellent article on the Dow Theory appeared in the December 1984 issue of this magazine, written by Timothy A. Maguire. The present article may be looked on as an extension of that one but since Maguire and I are two different people, you can expect from me a different treatment and a different viewpoint. The whole Dow Theory idea started from a series of editorials appearing during the years 1900-1902 in the Wall Street Journal, written by Charles H. Dow, one of the founders of the Dow Jones Company and the first editor of the Journal. H...
BY: Bill Dunbar
ARTICLE SYNOPSIS ...LEADING INDICATORS FROM FOURIER SPECTRAL ANALYSIS by William T. Taylor The purpose of this article is to expand upon my previous work July 1984 Technical Analysis of Stocks & Commodities magazine) into an area not normally discussed as part of Spectral Analysis, that is, the detection and measurement of phase (lead or lag) relationships of cyclical components from two or more time series. In certain cases where there are dominant cyclical components of the same length in two or more time series, it can be important to know if there is a lead or lag relationship on which to anticipate changes ...
BY: William T. Taylor
ARTICLE SYNOPSIS ...Letters to Technical Analysis This column is our means of communicating with our subscribers and serves as an outlet for questions and answers. Please feel free to write about anything that you would like to know more (or less) about or pass along to the rest of us. We all run across trading techniques, services and products that have proven to be useful to some degree under different market conditions. Without a constant source of new ideas and subject matter coming from our readers, this magazine would not exist. Each issue is designed to hold at least one idea or clarify one subject that s...
BY: Technical Analysis, Inc.
ARTICLE SYNOPSIS ...MMS-Technical Research Money Market Services on Telerate by John Sweeney MMS -Technical Research Money Market Services on Telerate 490 El Camino Real Belmont, CA 94002 (800)227-7304 (415)595-0610 Price: $145 per month on already installed Telerate Widely renowned for its fundamental analyses of the government debt markets, Money Market Services also offers a technical analysis capability on Telerate. This is a service for institutional traders who are occupied with short-term trades or with the day-to-day jobs of taking, adjusting, or removing positions in institutional portfolios. It ...
BY: John Sweeney
ARTICLE SYNOPSIS ...Malfunctioning Computers: Who Pays? by Clifford Sherry, Ph. D. You have just decided to purchase a new computer, peripheral (disc drive, printer, etc.) or software package (program). How should you proceed? First, you should stop and do some careful thinking and possibly some research. You need to decide exactly what you want your hardware (computer, peripheral) or software to do. For example, with many small computers, time may be a factor. Two computers can perform the same function, but one takes seconds, while the other takes minutes. If you require the task to be performed in seconds, th...
BY: Clifford J. Sherry, Ph.D.
ARTICLE SYNOPSIS ...Median Line Market Analysis by Thomas E. French The Median Line (ML) method of market analysis was first developed by Professor Alan Hall Andrews, a Massachusetts Institute of Technology (MIT) engineering graduate. The Median Line technique of geometric technical analysis is also referred to by some as the Andrews line method. The purpose of a Median Line is to predict a price point where the market will reverse. The basic concept behind the method is really simplicity itself, that of action and reaction. Andrews, who I have worked closely with over the past couple of years studying and appl...
BY: Thomas E. French
ARTICLE SYNOPSIS ...Novice Speculator Trading Plan by John Sweeney When all the waiting is done and a new trade is signaled I can at last, get to work. However, it's not to burn up the wires to Chicago -- it's paperwork that needs to be done, before the job even starts! Actually, if things are working right, I'll be making out my trading plan a week to two weeks ahead of the trade. Then it gets a yellow paper clip and goes into my pile of daily logs awaiting execution--right next to the paper trades (white paper clips) and the trades under way already (red). Then, as I update the daily action, it's a simple matte...
BY: John Sweeney
ARTICLE SYNOPSIS ...Software Review by Herbert R. Sorock CHART TRADER PLUS ? Investor's Toolkit, Ltd. 7441 W Archer Avenue Summit, IL 60501 (312) 496-0305 Price: IBM version . . . . . . $299.95 Apple version . . . . . $249.95 Demo(either) . . . . . .$ 19.95 Summary: Ease of Use: . . . . . . A Performance: . . . . A- Documentation: . . . .B Error Handling: . . . . B Vendor Support: . . . .(not tested) Hardware Requirements: IBM PC, XT, AT, PCjr or IBM compatible (see below for details) Apple version - contact vendor Anyone still charting stocks or commodities without the assistance of a computer m...
BY: Herbert R. Sorock
ARTICLE SYNOPSIS ...Stock Beta Coefficient by Scott S. Silver & Gary M. Wingens Over the course of the past two decades the investment community has become increasingly concerned with the notion of risk and its relationship to a portfolio of assets. Economists and statisticians alike have responded to this concern with a slew of theories and formulae which have attempted to characterize market forces. One of the most widely accepted of these theories is the concept of beta and its relationship to the valuation of portfolio risk. Essentially, beta is a comparison between the movements of an individual stock or p...
BY: Scott S. Silver & Gary M. Wing
ARTICLE SYNOPSIS ...Writing Neutral Options Spreads by Scott Silver Most investment advisors, stockbrokers and the like give their clients investment advice such as ""Buy IBM stock, the market's going up,"" or ""There's a glut of oil on the market, sell Exxon,"" etc., etc. Investment advisors for pension plans and portfolio managers of large institution accounts trade the market by buying and selling stock market indexes, futures and options. These are group mixtures of stocks ranging from 50 to over 1,000 stocks. All of these people- investors, advisors, brokers, etc., have one thing in common: They want the ma...
BY: Scott Silver