Technical Analysis For The Rest Of Us

Discussion in 'Technical Analysis' started by phatryde, May 12, 2006.

  1. phatryde


    I got this book author Clifford Pistolese. It is pretty basic, I only read 4 chapters. I assume its going to get more indepth later on, but I'd like to know some of your oppinions on the book?

    The first chapter gave me examples of uptrends,downtrends,rounding tops,bottom tops, double tops, double bottoms, Head and shoulders, inverted etc... How to use these with volume and only purchase when uptrend is starting etc... Speaks more on volum and moving average, but I'm a newbie to the stock market. I feel that I learned alot in just 2days so far. I'm not going to be comfortable to use real money in say around 2 or 3 years of learning I'm currently 21 years of age. I would like some direction to where I can get more helpful knowledge. What this book doesn't mention so far is if I should be looking at charts 1day,2day,1yr,3yr,5yrs etc...I feel its hard to find stocks that are double bottoming, but I have seen a few that have uptrended after a double bottom.