Contents For
JUN1992
-
Chaos Theory And Neural Network Analysis by John Kean
ARTICLE SYNOPSIS ...Chaos Theory And Neural Network Analysis
by John Kean
Do markets have memory? In this new theory by Edgar Peters, an offshoot of chaos theory, John Kean
explains, markets can be regarded as nonlinear dynamic systems, and neural networks can be used to
analyze and gauge behavioral patterns in price change data useful in prediction.
It's convenient that, at a time when the T behavioral natures of commodity and financial markets are
being rethought, a new technique for examining the data has appeared. Chaos theory, in its in fancy,
challenges the statistically based conventional view of markets...
BY: John Kean
-
Global Analyst Mitzi Wilson Carletti by Thom Hartle
ARTICLE SYNOPSIS ...Global Analyst Mitzi Wilson Carletti by Thom Hartle
Senior research analyst Mitzi Wilson Carletti joined Frank Russell Company as a research analyst in
1988 from Merrill Lynch. Carletti researches, monitors and evaluates international money managers as
well as assisting client executives and other research staff to develop client strategy recommendations. In
addition, she oversees and is responsible for non-U.S. derivative and global tactical asset allocation
research. STOCKS & COMMODITIES Editor Thom Hartle spoke with Carletti on March 27, 1992, via
telephone interview, on topics ranging fro...
BY: Thom HartleSUBJECT: Interview
-
Identifying Trading Opportunities by Thom Hartle
ARTICLE SYNOPSIS ...Identifying Trading Opportunities
by Thom Hartle
One of the most important aspects of any trade is timing the entry. Perhaps surprisingly, daily and
weekly analysis can be instrumental in planning an entry for long-term trades. Here's an overview on
how to use daily and weekly technical analysis to identify trading opportunities that may only come up
once a year. S&C Editor Thom Hartle outlines a complete approach to trading, incorporating basic
charting and trendline plotting, the stochastics oscillator and momentum studies.
Over the years, my trading style has evolved out of necessity. Wha...
BY: Thom Hartle
-
Price: The Ultimate Indicator? by Roger Altman
ARTICLE SYNOPSIS ...Price: The Ultimate Indicator?
by Roger Altman
What does it take to make consistent profits trading commodities? Roger Altman theorizes that like
support and resistance levels in stock charts, historical floor and ceiling prices in commodities can be
used to gauge relative cheapness and richness of prices and whether a price decline or increase is likely.
Despite the use of an array of sophisticated and esoteric indicators, most commodity newsletter trade
recommendations lose money. According to Commodity Trader's Consumer Report, which tracks the
performance of 26 commodity newsletter write...
BY: Roger Altman, Ph.D.
Quick Scans: MarketBase by John Sweeney
BY: John SweeneySUBJECT: Quick-Scans
-
Reversing For Dollars by John Sweeney
ARTICLE SYNOPSIS ...Reversing For Dollars
by John Sweeney
Harebra ined ideas bein g a plentiful ite m in my daydreams, the idea tha t I mentione d in April's
Settlement tha t I implement a n automa tic reversin g tra de at my maximum a dverse excursion ( MAE) stop
point had less than a 2% chance of survival after analysis. I tested it anyway. (To spare your digging out
old issues, this idea is ex plained in Figure 1.)
BUT FIRST, A SYNOPSYS
Anyone who dropped in on this Settlement without having read the last five must be wondering what in
the world I'm talking about. Briefly, I defined a basic, underlying trad...
BY: John Sweeney
Review Freebies! by John Sweeney
BY: John Sweeney
SIDEBAR: EXCEL FUNCTIONS
BY: Technical Analysis, Inc.
BY: Technical Analysis, Inc.
BY: Technical Analysis, Inc.
BY: Technical Analysis, Inc.
SIDEBAR: PATIENCE IS A VIRTUE
BY: Technical Analysis, Inc.
SIDEBAR: REFLECTION OF CHANGES
BY: Technical Analysis, Inc.
SIDEBAR: SIT TIGHT
BY: Technical Analysis, Inc.
SIDEBAR: TELESCAN PROSEARCH INDICATORS
BY: Technical Analysis, Inc.
BY: Technical Analysis, Inc.
BY: Technical Analysis, Inc.
SIDEBAR: TRAFFIC CONGESTION
BY: Technical Analysis, Inc.
-
Stock Selection by Arthur A. Merrill, C.M.T.
ARTICLE SYNOPSIS ...Stock Selection
by Arthur A. Merrill, C.M.T.
How does a veteran technician like Arthur Merrill select stocks for investment? He explains that it's not
the simplest of methods and it does require research and work, but the results, he notes, are worth it--his
growth stock index started at 874 in 1965, at the level that the DJIA was back then; when the DJIA
reached 3169 recently, Merrill's index hit 15,149!
I have been asked how I pick stocks for investment. I have a definite preference for growth stocks --
stocks that have been delivering a consistent and rapid growth in earnings per share (EPS...
BY: Arthur A. Merrill, C.M.T.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
Stocks & Commodities V.10:13 : Quick-Scans
BY: Technical Analysis, Inc.
-
The Basics Of Managing Money by Robert P. Rotella
ARTICLE SYNOPSIS ...The Basics Of Managing Money
by Robert P. Rotella
A trader can score that one big win, but it's all for naught if he can't hold onto his profits. Money
management is the step both before and after trading, the study of risk and reward and how best to
utilize investment capital--and keep it. Here's an excerpt from The Elements of Successful Trading,
scheduled for release in June 1992 from New York Institute of Finance.
Money management is the evaluation of risk and reward in trade or portfolio and determining the
most efficient use of investment capital. Money management is the study of risk a...
BY: Robert P. Rotella
-
The Basics Of Moving Averages by George R. Arrington, Ph.D.
ARTICLE SYNOPSIS ...The Basics Of Moving Averages
by George R. Arrington, Ph.D.
Moving averages are one of the most common technical tools that technicians, both veteran and novice,
may take advantage of. But for those novices, the concept may be somewhat confusing. What is a moving
average, anyway? And what about all those variations -- linear, stepweighted, exponential, even
triangular? George Arrington explains the basics of the moving averages. And for those veteran traders
out there, it never hurts to brush up on those basics.
The first maxim a trader learns is to ""buy low and sell high."" The trick, howev...
BY: George R. Arrington, Ph.D.
-
The Financial Volume Index Expanded For The l990s by Patrick Cifaldi, C.M.T.
ARTICLE SYNOPSIS ...The Financial Volume Index Expanded For The
l990s
by Patrick Cifaldi, C.M.T.
The financial volume index, which was first introduced by Patrick Cifaldi in the pages of STOCKS &
COMMODITIES in 1989, takes on and uses the study of volume, surprisingly underutilized in technical
analysis. The index combines futures contracts, the Dow Jones Utility Index and the Dow 20 Bond Index,
and here, Cifaldi examines its uses for the current decade.
In the study of technical analysis, price data are the information most often used in research. Often
underplayed is the study of volume, either by itself or i...
BY: Patrick Cifaldi, C.M.T.
-
The Gann Method by John J. Blasic
ARTICLE SYNOPSIS ...The Gann Method
by John J. Blasic
W.D. Gann's trading methodologies are not always easy to define or to analyze, which is a pity, since
they can be applied to everyday trading principles across many different markets when interpreted
correctly . John Blasic simplifies Gann's techniques in this article into terms more easily understood,
sketching a brief background of the essential elements and how the applications can be applied within
your trading strategy.
W. D. Gann firmly believed that knowledge is the foundation of all successful analysis. He constantly
stressed that a novice should lea...
BY: John J. Blasic
-
The Link Between Bonds And Stocks by John J. Murphy
ARTICLE SYNOPSIS ...The Link Between Bonds And Stocks
by John J. Murphy
Intermarket analysis is based on the premise that all markets are linked. Last month, technical
trailblazer John J. Murphy explored the inverse interrelationship between commodity and bond prices;
this month, he examines the relationship between bonds and stocks and how bond prices can be used as a
leading indicator for stocks. Take a look.
Bonds and stocks usually trend in the same direction. However, it's not as simple as that. At important
turning points, bond prices usually turn ahead of stocks. At bottoms, bond prices usually turn up b...
BY: John J. Murphy
-
The Mass Index by Donald Dorsey
ARTICLE SYNOPSIS ...The Mass Index
by Donald Dorsey
Range oscillation, not often covered by students of technical analysis, delves into repetitive market
patterns during which the daily trading range narrows and widens. Examining this pattern, Donald
Dorsey explains, allows the technician to forecast market reversals that other indicators may miss.
Dorsey proposes the use of range oscillators in his mass index.
Range oscillation is one of the least explored areas of technical analysis. Typically, markets tend to
repeat a pattern in which the average daily range (that is, the difference between the high and low)...
BY: Donald Dorsey
-
Trading Bond Funds by Joe Duarte
ARTICLE SYNOPSIS ...Trading Bond Funds
by Joe Duarte
Bond funds have become popular investment vehicles for income-oriented investors. The bond market,
however, is often much more responsive to news events, especially in times of high government deficits
and international markets, than the stock market is. Therefore volatility is often present and can be
extreme. As a result, technical intermarket analysis can be a useful tool in trading the bond market. Joe
Duarte explains.
Traders and investors must have an excellent knowledge of the underlying conditions that affect this
market. It is virtually impossible to...
BY: Joe Duarte, M.D.